Sprague Company uses the aging method to adjust the allowance for uncollectible accounts at the end of the period. (Click the icon to view the accounts receivable information.) Based on these facts, the adjusting entry for uncollectible accounts should be made in the amount of OA. S8.000. OB. $12,000. O C. $17,000. O D. $16,000. 17 of 50 (15 complete) Data Table uS ble oAt December 31, 2018, the balance of accounts receivable is $250,000 and the allowance for uncollectible accounts has a credit balance of $4,000 (before adjustment). An analysis of accounts receivable produced the following age groups Current 60 days past due Over 60 days past due 150,000 90,000 10,000 250,000 Based on past experience, Sprague estimates that the percentage of accounts that will prove to be uncollectible within the three age groups is 2% of the current balance. 8% of the 60 days past Print Done Data Table o adjust eivable i r uncoll uncollectible accounts has a credit balance of $4,000 (before adjustment). An analysis of accounts receivable produced the following age groups Current 60 days past due. Over 60 days past due.. S 150,000 90,000 10,000 $ 250,000 Basd on past experience, Sprague estimates that the percentage of accounts that will prove to be uncollectible within the three age groups is 2% of the current balance, 8% of the 60 days past due balance, and 18% of the over 60 days past due balance Print Done