The Adjusting Entry to Record the Estimated Bad Debts in the Period

Multiple Choice

The adjusting entry to record the estimated bad debts in the period credit sales occur would normally include a debit to:

A) Accounts Receivable and a credit to Allowance for Doubtful Accounts.
B) Bad Debt Expense and a credit to Allowance for Doubtful Accounts.
C) Allowance for Doubtful Accounts and a credit to Accounts Receivable.
D) Bad Debt Expense and a credit to Accounts Receivable.