Name: Date: Use the following to answer questions 1-4: The general ledger controlling account for Accounts Receivable shows a debit balance of $25,000. The Allowance for Incollectible Accounts has a credit balance of $1,500. Net sales for the year were $250,000. In the past, 3 percent of ales has proved uncollectible, and an aging of Accounts Receivable resulted in an estimate of $10,000 of incollectible accounts receivable. 1. Using the percentage of net sales method, Uncollectible Accounts Expense would be debited for A) $7,500. B) $10,000 C) $6,000. D) $9,000. 2. Using the percentage of net sales method, the Allowance for Uncollectible Accounts balance (after adjustment) would be Bad ocots A) $6,000. B) $10,000. C) $7,500 D) $9,000. 3. Using the accounts receivable aging method, the Uncollectible Accounts Expense would be debited for A) $11,500. B) $10,750. C) $10,000. D) $8,500. 4. Using the accounts receivable aging method, the Allowance for Uncollectible Accounts balance (after adjustment) would be A) $11,500