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Allowance for Doubtful Accounts has a debit balance of $200 at the end of the year (before adjustment), and bad debt expense is estimated at

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Allowance for Doubtful Accounts has a debit balance of $200 at the end of the year (before adjustment), and bad debt expense is estimated at 1% of credit sales. If credit sales are $897,000, the amount of the adjusting entry to record the estimate of the uncollectible accounts a. is $8,770 b. is $8,970 Oc. is $200 Od. is $9,170

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