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Question Content Area Allowance for Doubtful Accounts has a credit balance of $1,045 at...

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Accounting

Question Content Area
Allowance for Doubtful Accounts has a credit balance of $1,045 at the end of the year (before adjustment), and an analysis of customers' accounts indicates uncollectible receivables of $11,160. Which of the following entries records the proper adjustment for Bad Debt Expense?
a. debit Bad Debt Expense, $12,205; credit Allowance for Doubtful Accounts, $12,205
b. debit Bad Debt Expense, $10,115; credit Allowance for Doubtful Accounts, $10,115
c. debit Allowance for Doubtful Accounts, $12,205; credit Bad Debt Expense, $12,205
d. debit Allowance for Doubtful Accounts, $10,115; credit Bad Debt Expense, $10,115

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