An Aging of a Company's Accounts Receivable Indicates That $6,500

Multiple Choice

An aging of a company's accounts receivable indicates that $6,500 is estimated to be uncollectible.If Allowance for Doubtful Accounts has a $1,200 credit balance, the adjustment to record bad debts for the period will require a

A) debit to Bad Debts Expense for $6,500.
B) debit to Allowance for Doubtful Accounts for $5,300.
C) debit to Bad Debts Expense for $5,300.
D) credit to Allowance for Doubtful Accounts for $7,700.