which is correct

The process of transferring the cost of an asset to an expense account is called all of the following except Oa. depreciation Ob. depletion C. amortization d allocation QUESTION 2 Jefferson uses the percent of method of estimating uncollectible expenses. Based on past history, 2% of credit sales are expected to be uncollectible. Sales for the current year are $5,550,000. Which of the following is correct? a. Bad debt expense is estimated to be $11,100. b. Uncollectible accounts are estimated to be $55,500. C. Uncollectible accounts are estimated to be $111.000. Od Bad debt expense is estimated to be $5,550