Mc 9 Craigmont uses the allowance method to account for uncollectible accounts. Its year-end unadjusted trial balance shows Accounts Receivable of $124.500 and sales of $1,025,000. If uncollectible accounts are estimated to be 0.5% of sales, what is the amount of the bad debts expense adjusting entry? 00:41:18 Multiple Choice $5,125 $4,260 $5,990 $5,250 Help Save & Exit 45 275

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