A firm reported sales of $640,000 for the year and Accounts Receivable has a balance of $33,000 at year-end. Prior to adjustment Allowance for Doubtful Accounts has a credit balance of $200. The firm estimated its losses from uncollectible accounts to be 1 percent of sales. The entry to record the estimated losses from uncollectible accounts will include a credit to Allowance for Doubtful Accounts for Multiple Choice $6,070 $6,200. $6,400 $6,600