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The following accounts were taken from Lane Co.s unadjusted trial balance at December 31, 20x6: Debit Credit Accounts Receivable $ 420260.51 Allowance for doubtful accounts
The following accounts were taken from Lane Co.s unadjusted trial balance at December 31, 20x6:
| Debit | Credit |
Accounts Receivable | $420260.51 |
|
Allowance for doubtful accounts | 1877.15 | |
Net credit sales |
| $218365.96 |
Jessica estimates that 4.5 % of the credit sales will become uncollectible. After adjustment at December 31, 20x6, what is the balance in the allowance for doubtful accounts:
Select one:
a. $9826.47
b. $11703.62
c. $18911.72
d. $7949.32
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