What journal entry is used to write-off an uncollectible account under the allowance method? Debit Bad Debt Expense: Credit Allowance for Doubtful Accounts Debit Bad Debt Expense: Credit Accounts Receivable Debit Allowance for Doubtful Accounts; Credit Accounts Receivable Debit Accounts Receivable: Credit Allowance for Doubtful Accounts Question 6 1 1 pts Louise Company has the following balances: Net Credit Sales $ 1,200,000 Accounts Receivable 240 doo Allowance for Doubtful Accounts (beginning balance) 3.000 Uncollectible accounts are estimated to be 6% of the receivables balance. Given this information, what is the company's estimated bad debt expense for the year? $72,000 $11.400 $14,400 $17,400