All of Roberts Company's sales are on a credit basis. The following information is available for 2015: Question 29 Not yet answered Points out of 3.00 Allowance for doubtful accounts at 1/1/15 Sales Sales returns Accounts written off as uncollectible $8,000 475,000 20,000 12.000 Flag question Roberts provides for doubtful accounts expense at the rate of 2% of net sales. Following adjusting entries at December 31, 2015, the allowance for doubtful accounts balance will be: Select one: a. $5,500 b. $9,500 c. $13,100 d. $5,100 e. $13,500 In a periodic inventory system, a customer returning merchandise on account is recorded by debiting: Question 30 Not yet answered Select one: a. Cost of Goods Sold Points out of b. Sales Returns Y Flag question c. Purchases d. Inventory e. Accounts Receivable