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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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