Question

please help with these accounting problems! all questions please and thank you!

6. An aging of a company's accounts receivable indicates that $9,000 are estimated to be uncollectible. If Allowance for Doubtful Accounts has a $2,400 credit balance, the adjustment to record bad debts for the period will require a A) debit to Bad Debt Expense for $9,000. B) debit to Allowance for Doubtful Accounts for $6,600. C) debit to Bad Debt Expense for $6,600. D) credit to Allowance for Doubtful Accounts for $9,000. 7. An aging of a company's accounts receivable indicates that $9,000 are estimated to be uncollectible. If Allowance for Doubtful Accounts has a $3,200 debit balance, the adjustment to record bad debts for the period will require a A) debit to Bad Debt Expense for $9,000. B) debit to Bad Debt Expense for $12,200. C) debit to Bad Debt Expense for $5,800. D) credit to Allowance for Doubtful Accounts for $9,000. 8. An aging of a company's accounts receivable indicates that $9,000 are estimated to be uncollectible. If Allowance for Doubtful Accounts has a $3,200 credit balance, the adjustment to record bad debts for the period will require a A) debit to Bad Debt Expense for $9,000. B) debit to Allowance for Doubtful Accounts for $5,800. C) debit to Bad Debt Expense for $5,800. D) credit to Allowance for Doubtful Accounts for $9,000. 9. Bad Debt Expense is reported on the income statement as A) part of cost of goods sold. B) an expense subtracted from net sales to determine gross profit. C) an operating expense. D) a contra revenue account. 10. You have just received notice that a customer of yours with an account receivable balance of $100 has gone bankrupt and will not make any future payments. Assuming you use the allowance method, the entry you make is to A) debit Allowance for Doubtful Accounts and credit Bad Debt Expense. B) debit Allowance for Doubtful Accounts and credit Accounts Receivable. C) debit Bad Debt Expense and credit Allowance for Doubtful Accounts. D) debit Bad Debt Expense and credit Accounts Receivable.

Answer 1

6	An aging of a company's accounts receivable indicates that $9,000 are estimated to be
	uncollectible. If Allowance for Doubtful Accounts has a $2,400 CREDIT balance, the
	adjustment to record bad debts for the period will require a
	Debit to bad debt expense for $6,600
7	An aging of a company's accounts receivable indicates that $9,000 are estimated to be
	uncollectible. If Allowance for Doubtful Accounts has a $3,200 DEBIT balance, the
	adjustment to record bad debts for the period will require a
	Daebit to bad debt expense for $12,200.
	S
8	An aging of a company's accounts receivable indicates that $9,000 are estimated to be
	uncollectible. If Allowance for Doubtful Accounts has a $3,200 CREDIT balance, the
	adjustment to record bad debts for the period will require a
	Debit to bad debt expense for $5,800
9	Bad Debts Expense is reported on the income statement as
	An operating expense
10	You have just received notice that a customer of yours with an account receivable
	balance of $100 has gone bankrupt and will not make any future payments. Assuming
	you use the allowance method, the entry you make is to
	Debit Allowance for Doubtful Accounts and credit Accounts Receivable