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Using the percentage -of-sales method, the estimated total uncollectible accounts are $7,222. The Allowance fo Uncollectibe Accounts prior to adjustment has a debut balance of
Using the percentage -of-sales method, the estimated total uncollectible accounts are $7,222. The Allowance fo Uncollectibe Accounts prior to adjustment has a debut balance of $2,935. The Accounts receivable balance is $44,620. The amount of the adjusting entry of Uncollectible-Accounts Expense is:
A: $ 2,935
B: 10,157
C: 4,287
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