Gross Accounts Receivable Is $17,000

Multiple Choice

Gross Accounts Receivable is $17,000.Allowance for Doubtful Accounts has a credit balance of $100.Net credit sales for the year are $120,000.In the past,2% of credit sales had proved uncollectible,and an aging of the receivables indicates $2,100 as uncollectible.What would be the adjusted balance of the Allowance account under the balance sheet approach?

A) $2,000
B) $2,500
C) $2,100
D) $2,200