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Allowance for Doubtful Accounts has a credit balance of $680 at the end of the year (before adjustment), and Bad Debt Expense is estimated at

Allowance for Doubtful Accounts has a credit balance of $680 at the end of the year (before adjustment), and Bad Debt Expense is estimated at 2% of net sales. If net sales are $551,353, the amount of the adjusting entry to record the provision for doubtful accounts is calculated as follows. Round your answer to a whole number.

Select the correct answer.

a.$680

b.$11,027

c.$11,707

d.$10,347

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