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Question 5 1 pts Hot Doug's Franks has net sales of $261,000 for the year, and it estimates uncollectible accounts will be 2.9% of net
Question 5 1 pts Hot Doug's Franks has net sales of $261,000 for the year, and it estimates uncollectible accounts will be 2.9% of net sales. If its Allowance for Doubtful Accounts already has a debit balance of $7,560 prior to any adjustments, and it uses the percentage of net sales method is used, then its Allowance for Doubtful Accounts, after adjustment, will have a credit balance of [Amount]. (Round your answer to the nearest dollar.) (Numbers only. Do not use dollar signs, commas or decimals.)
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