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7. Edsel Inc. has the following unadjusted year end trial balance information available for 2018: Credit sales $600,000 Ending accounts receivable balance $180,000 Ending allowance

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7. Edsel Inc. has the following unadjusted year end trial balance information available for 2018: Credit sales $600,000 Ending accounts receivable balance $180,000 Ending allowance for uncollectibles $ 1,500 Estimated uncollectibles 2% If Edsel uses the gross accounts receivable approach for estimating the bad debt provision, the income statement will show an expense of: A. $2,100 B. $3,600 C. $5,100 I). $8.500

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