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The owner of Smokies Cigar Company dies, causing it to close down. Which of the...

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Accounting

The owner of Smokies Cigar Company dies, causing it to close down. Which of the following are metho of posting the $89,000 on their account that you do not expect to collect?
Select all answers that apply:
A. credit Bad Debt Expense $89,000; debit Accounts Receivable $89,000
B. debit Bad Debt Expense $89,000; credit Accounts Receivable $89,000
C. credit Cash $89,000; debit counts Receivable $89,000
D. debit Loans $89,000; credit Accounts Receivable $89,000
E. debit Allowance for Doubtful Accounts $89,000; credit Accounts Receivable $89,000
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