A Company had credit sales during the current year which amounted to $700,000. Historically, 3% of credit sales are uncollectible. If a Company uses the allowance method of recording uncollectible accounts, a proper entry for the year would be:

A. Debit Accounts Receivable, $21,000, credit Allowance for Uncollectible Accounts, $21,000

B. Debit Uncollectible Accounts Expense, $21,000, credit Accounts Receivable, $21,000

C. Debit Uncollectible Accounts Expense, $21,000, credit Allowance for Uncollectible Accounts, $21,000

D. Debit Allowance for Uncollectible Accounts, $21,000, credit Accounts Receivable, $21,000