United State. 11 RETAKEQ2ch5A-B Help With CeX+ cab , 7T a n ng Tpe l P NR Chuck Su de Z O ASOSIAsoswde O Red Tapel Redt pe..-2015 57Grand Che L Men's leas INew- vige wheeb 2012-2018 lerp SR Lighti AKE Q2 ch 5A-B 0 On December 31 Year t the loudoun Corporation estimated that 3% of its credit sales of $112 500 would be uncollectible Ludoun uses the allowance method of accounting for uncollectible accounts. In February of Year 2, one of Loudoun's customers failed to pay his $1050 account and the account was written off. On April 4, Year 2 this customer paid Loudoun the $1050 of the following answers correctly states the effect of the December 31, Year 1 adjusting entry for uncollectible accounts on the financial statements of the Loudourn o0a2) Corporation? A. (3,375) 3,375 NA B. (3,375)NA (3,375) NA 3,375 NA 3,375 NA NA NA 3,375(3,375) (3,375) 3,375 NA 3,375 0A NA = NA NA Multiple Choice