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A company used the percent of sales method to determine its bad debts expense. At the end of the current year, the company's unadjusted trial

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A company used the percent of sales method to determine its bad debts expense. At the end of the current year, the company's unadjusted trial balance reported the following selected amounts: Accounts recelvable Allowance for uncollectible accounts Net sales 335,000 debit 400 credit 200,000 credit All sales are made on credit Based on past experience, the company estimates 0.5% of credit sales to be uncollectible. What amount should be debited to Bad Debts Expense when the year-end adjusting entry is prepared? O $1.275 o $6,000 O s60,000 o $3,000 o $1,675

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