The Allowance for Uncolectible Accounts has a credit balance of $4,000 prior to the end-of-month adjustment Sales on credit for the month were $500,000. Past experience indicates that percent of the month's credit sales will become uncollectible. Alternatively, an aging of Accounts Receivable accounts shows an estimated total of all uncollectible accounts receivable to be $20.000 Using the aging method, the Allowance for Uncollectible Accounts should be credited for a. 522.000 b. 520.000 O . $16.000 d. 524.000 Question 16 of 25 Moving to another question will save this response. Close Window Using the percentage of credit sales method, the Allowance for Uncollectible Accounts should be credited for: O a $20,000 b. $22,000 C. $16,000 O d. $24,000 Moving to another question will save this response. A retail company has goods available for sale of $210,000 at cost and $350.000 at retail price. It also had sales of $300,000 for the period. What is the estimated cost of ending inventory using the retail method? a $170,000 O.535,000 550.000 d. 190.000 A company has $75,000 (at cost) of goods available for sale. Sales are $80,000, and the gross profit markup rate is 30%. What is estimated cost of ending inventory, using the gross profit method? O a. 524.000 b. 542.000 551.000 O d. 519.000