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The following information is from the 2017 records of Robin Antique Shop: Accounts receivable, December 31, 2017 $ 41 comma 000$41,000 (debit) Allowance for Bad

The following information is from the 2017 records of Robin Antique Shop:

Accounts receivable, December 31, 2017

$ 41 comma 000$41,000 (debit)

Allowance for Bad Debts, December 31, 2017

prior to adjustment

1 comma 4001,400 (debit)

Net credit sales for 2017

180 comma 000180,000

Accounts written off as uncollectible during 2017

11 comma 00011,000

Cash sales during 2017

27 comma 00027,000

Bad debts expense is estimated by the

percentminus?ofminus?sales

method. Management estimates that

44 %

of net credit sales will be uncollectible. The ending balance of the Allowance for Bad Debts account after adjustment will be ________.

Answers

$9680

$6880

$5800

$$8600

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