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On March 1, 2015, Dick Miles Purchased a Suit at Kenny's

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On March 1, 2015, Dick Miles purchased a suit at Kenny's Fine Apparel Store. The suit cost $600 and Dick used his Kenny credit card. Kenny charges 2% per month interest if payment on credit charges is not made within 30 days. On April 30, 2015, Dick had not yet made his payment. What entry should Kenny make on April 30th? a.
Uncollectible Account 600 Accounts Receivable 600\begin{array}{lrr} \text {Uncollectible Account } &600\\ \text { Accounts Receivable } &&600\\\end{array}

b.
 Bad Debt Expense 588 Interest Expense12Accounts Receivable 600\begin{array}{lrr} \text { Bad Debt Expense } &588\\ \text { Interest Expense} &12\\ \text {Accounts Receivable } &&600\end{array}


c.
 Accounts Receivable 612 Interest Expense 12Sales Revenue 600\begin{array}{lrr} \text { Accounts Receivable } &612\\ \text { Interest Expense } &&12\\ \text {Sales Revenue } &&600\end{array}

d.
 Accounts Receivable 12 Interest Revenue 12\begin{array}{lrr} \text { Accounts Receivable } &12\\ \text { Interest Revenue } &&12\\\end{array}

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