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Stone Company has net credit sales of $1,800,000 for the year and it estimates that doubtful accounts will be 2% of sales. If its Allowance

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Stone Company has net credit sales of $1,800,000 for the year and it estimates that doubtful accounts will be 2% of sales. If its Allowance for Doubtful Accounts has a credit balanc of $6,000 prior to adjustment, its balance after adjustment will be a credit of: Selectone: A. $27.960 8. $42.000 C $28,000 D. 526000

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