Tutor uses the balance sheet approach in estimating uncollectible accounts expense, and aging the accounts receivable indicates the estimated uncollectible portion to be $8,600. what is the amount of uncollectible accounts expense recognized in tutor's income statement for march?

a.$8,600
b.$6,800
c.$10,400
d.$1,800

A.$8,600

Explanation:

The journal entry to record the bad debt expense is shown below:

Bad debt expense A/c Dr  $8,600

 To Allowance for doubtful debts $8,600

(Being bad debt expense is recorded)

Since the bad debt expense is an expense so the same is recorded in the debit side of the balance sheet while the estimated uncollectible portion reduces the account receivable balance so we credited it

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Explanation: