(SO 1) Net sales for the month are $800,000. and bad debts are expected to be 1.5%...

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(SO 1) Net sales for the month are $800,000. and bad debts are expected to be 1.5% of net sales. The company uses the percentage of sales basis. If the Allowance for Doubtful Accounts has a credit balance of $15,000 before adjustment, what is the balance after adjustment?

a. $15.01)0.

b. $27,000.

c. $23,000.

d. $31,000.

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