Craigmont uses the allowance method to account for uncollectible accounts. Its year-end unadjusted trial balance shows Accounts Receivable of $112,500, allowance for doubtful accounts of $745 (credit) and sales of $965,000. If uncollectible accounts are estimated to be 8 % of accounts receivable, what is the amount of the bad debts expense adjusting entry? Multiple Choice $8,590 $9,000 $9745 $8.440 $8.255 Prey 1 of 10 Next