Chapter Nine Guia. Compatibility Mode - Seved Dunya eferences Mailings Review View Help Search 23) The current credit balance in allowance for doubtful accounts before adjustment is $658. An aging schedule reveals $3,500 of uncollectible accounts. The journal entry for estimated uncollectible accounts should be prepared for: A) $658 B) $2,842 C) $3,500 D) $4,158 . Under the allowance method, if uncollectible account write-offs during the year exceed the allowance amount, the balance in allowance for doubtful accounts at year end prior to adjustment: A) will be zero B) will be a debit C) should be deducted from accounts receivable D) should be adjusted by debiting it to bring the balance back to zero 25) The allowance for doubtful accounts has a current debit balance of $2,550. Bad-debt expense is estimated to be 3% of net credit sales. If net credit sales were $250,000, which of the following would be part of the adjusting entry for bad debt expense? A) debit allowance for doubtful accounts for $7,500 B) credit allowance for doubtful accounts for $4,950 C) debit bad-debt expense for $10,500 D) debit bad-debt expense for $7,500 Det e