An aging of a company's accounts receivable indicates that $7,000 are estimated to be uncollectible. If Allowance for Doubtful Accounts has a $1,100 credit balance, the adjustment to record bad debts for the period will require a

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To record the estimated bad debts for the aging of accounts receivable, we need to increase the allowance for doubtful accounts. Since there is already a credit balance of $1,100 in the allowance account, we only need to debit it for the additional estimated amount of $5,900 ($7,000 - $1,100). This will result in a total allowance for doubtful accounts of $6,000 ($1,100 + $5,900), matching the estimated uncollectible amount. Therefore, the correct entry is a debit to Bad Debt Expense for $5,900 and a credit to Allowance for Doubtful Accounts for $5,900.

An Aging of a Company's Accounts Receivable Indicates That $7,000