A company uses the allowance method and expects to not collect $15,000 of sales. The journal entry to record the estimated bad debt is which of the following?
A. Bad-Debt Expense $15,000
Allowance for Doubtful Account $15,000
B. Allowance for Doubtful Accounts $15,000
Accounts Receivable $15,000
C. Accounts Receivable $15,000
Allowance for Doubtful Accounts $15,000
D. Allowance for Doubtful Accounts $15,000
Bad-Debt Expense $15,000
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