On December 31,prior to Adjustments,the Balance of Accounts Receivable Is

Multiple Choice

On December 31,prior to adjustments,the balance of Accounts Receivable is $52,000 and Allowance for Doubtful Accounts has a debit balance of $600.The firm estimates its losses from uncollectible accounts to be 5% of accounts receivable at the end of the year.The adjusting entry needed to record the estimated losses from uncollectible accounts is made for

A) $600.
B) $2,000.
C) $2,600.
D) $3,200.