Multiple Choice Question 96 In 2016, Warehouse 13-had net credt sales of $741000. On January 1, 2016, Allowance for Doubtful Accounts had a credit balance of $15990. During 2016, $29060 of uncollectible accounts receivable were written off. Past experience indicates the accounts receivable balance at December 31 was $150000, what is the required adjustment to the Allowance for Doubtful Accounts at December 31, 2016 that the allowance should be 10% of the balance in receivables (percentage of receivable basis). If O $2B070 $30990 O $150000 $29060