Heather is seeking to start a business. she is seeking to be in control of all aspects of the business. what is a potential risk of the business organization she should set up?

The estimated Bad Debt Expense for the period is $13,600

Explanation:

Quill Industries estimates of uncollectible receivables resulting from the aging analysis equals $20,000. The company uses the aging of accounts receivable method and the Allowance for Doubtful Accounts has credit balance of $6,400 before adjusting.

Bad debt Expense = $20,000 - $6,400 = $13,600

The entry:

Debit Bad debts expense $13,600

Credit Allowance for doubtful accounts $13,600