1. Allowance for Doubtful Accounts has a credit balance of $592 at the end of the year (before adjustment), and bad debt expense is estimated at 1% of sales. If sales are $603,300, the amount of the adjusting entry to record the estimated uncollectible accounts receivable is

   Select the correct answer.

   $5,441

   $6,625

   $6,033

   $592