$425,000 ) 3400,000 6 The Allowance for Doubtful Accounts is adjusted: Fat the end of each accounting period. b) each time a customer's debt is satisfied. c) within one year of granting credit to a customer. d) each time a customer is granted credit C. Gross accounts receivable is $10,000. Allowance for Doubtful Accounts has a credit balance of$200. Net sales for the year are $150,000. In the past, 1% of sales had prove uncollectible, and an aging of the receivables indicates $1,200 as uncollectible. What would be the adjusted balance of the Allowance account under the balance sheet approach? a) $1,700 b) $1,200 c) $1,000 d) $900 4. At December 31, 200x, Brooke's Horse Stable unadjusted Allowance for Doubtful Accounts showed a debit balance of $432. An aging of the accounts receivable indicates probable uncollectible accounts of $1,000. The year-end adjusting entry for bad debts expense: a) includes a debit to the Allowance account for $568. b) includes a credit to the Allowance account for $42. c) includes a debit to the Allowance account for $822. d) includes a credit to the Allowance account for $1,432