Using the Aging Approach,management Estimates That 10% of the $10,000

Multiple Choice

Using the aging approach,management estimates that 10% of the $10,000 of Accounts Receivable will be uncollectible.The Allowance for Doubtful Accounts has a $100 unadjusted credit balance.After the bad debt adjusting entry is recorded,Bad Debt Expense on the income statement will be ______ the Allowance for Doubtful Accounts on the balance sheet.

A) $100 more than
B) $100 less than
C) the same amount as
D) $9,900 more than