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During the year, ABC recorded credit sales of $510,000. Before adjustments at year-end, ABC has accounts receivable of $340,000, of which $55,000 is past due,

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During the year, ABC recorded credit sales of $510,000. Before adjustments at year-end, ABC has accounts receivable of $340,000, of which $55,000 is past due, and the allowance account had a credit balance of $3,000. Using the aging of receivables method, what would be the adjustment assuming ABC expects it will not collect 9% of the amount not yet past due and 29% of the amount past due? W. Bad Debt Expense Allowance for Uncollectible Accounts 3. Bad Debt Expense Allowance for Uncollectible Accounts c. Bad Debt Expense Allowance for Uncollectible Accounts D. Allowance for Uncollectible Accounts Bad Debt Expense 41,600 41,600 44,600 144,600 38,600 38,600 38,600 38,600 Multiple Choice Option o Option A O Optionc Option

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