The following information pertains to TBL Inc., at the end of the year:

Credit Sales	$	150,000
Accounts Payable		30,000
Accounts Receivable		45,000
Allowance for Uncollectible Accounts		300		debit
Cash Sales		120,000

TBL uses the percentage-of-credit-sales method and estimates 2% of sales are uncollectible. What is the ending balance of the allowance account after the year-end adjustment?

The following information pertains to TBL Inc., at the end of the year: Credit Sales $150,000 Accounts Payable 30,000 Accounts Receivable 45,000 Allowance for Uncollectible Accounts 300 debit Cash Sales 120,000 TBL uses the percentage-of-credit-sales method and estimates 2% of sales are uncollectible. What is the ending balance of the allowance account after the year-end adjustment? Select one: O a. $5,100 O b. $3,300 O c. $2,700 O d. $5,400 O e. $3,000