Accounting Questions, please help me! Question:Uncollectible Accounts Expense is a contra asset account. Select one: True False Question: At the end of a period before the accounts are adjusted Allowance for Doubtful Accounts has a balance of $250, and net sales on account for the period total $500,000. If uncollectible accounts expense is estimated at 1% of net sales on account, the current provision to be made for uncollectible accounts expense is $5,000. Select one: True False Question: Allowance for Doubtful Accounts is a contra asset account. Select one: True False Question: The difference between the total receivables and the balance in Allowance for Doubtful Accounts at the end of a period is referred to as the net realizable value of the accounts receivable. Select one: True False Question: Allowance for Doubtful Accounts has an unadjusted balance of $500 at the end of the year, and uncollectible accounts expense is estimated at 1% of net sales. If net sales are $900,000, the amount of the adjustment to record the provision for doubtful accounts is: Select one: $9,500 $500 $8,500 $9,000 Question: Allowance for Doubtful Accounts has an unadjusted balance of $400 at the end of the year, and uncollectible accounts expense is estimated at 1% of net sales. If net sales are $300,000, the amount of the adjustment to record the provision for doubtful accounts is: Select one: $3,000 $3,400 $400 $2,600