Allowance for Doubtful Accounts has a credit balance of $608 at the end of the year (before adjustment), and bad debt expense is estimated at 3% of sales. If credit sales are $570,800, the amount of the adjusting entry to record the estimated uncollectible accounts receivable is a. $17,732 b. $608 c. $17,124 d. $16,516

Alowance for Doubtful Accounts has a credit balance of $608 at the end of the year (before adjustment), and bad debt expense is estimated at 3% of sales. If credit sales are $570,800, the amount of the adjusting entry to record the estimated uncollectible accounts receivable is a. $17372 b. sos c. 517,124 d. 516516