Question 23 of 25 -/1 View Policies Current Attempt in Progress In 2021, Sheridan Company had credit sales of $908000. On January 1, 2021, Allowance for Doubtful Accounts had a credit balance of $22400. During 2021. $36600 of uncollectible accounts receivable were written off. Past experience indicates that the allowance balance should be 12% of the accounts receivable become uncollectible. What should be the required adjustment to the Allowance for Doubtful Accounts at December 31, 2021 if the ending accounts receivable balance was $233000? $123160 $27960 $36600 $50360 Save for Later Attempts: 0 of 1 used Submit