A company has

$ 286 comma 000$286,000

in credit sales. The company uses the allowance method to account for uncollectible accounts. The Allowance for Doubtful Accounts now has a

$ 2 comma 260$2,260

credit balance. If the company estimates that

$ 7 comma 690$7,690

of accounts will be uncollectible based on an aging of Accounts Receivable, what will be the amount of the journal entry to record estimated uncollectible accounts?

A.

$ 5 comma 430$5,430

B.

$ 7 comma 690$7,690

C.

$ 9 comma 950$9,950

D.

$ 2 comma 260