At January 1,Everbright Sales Has the Following Balances: During

Multiple Choice

At January 1,Everbright Sales has the following balances: During the year,Everbright has $150,000 of credit sales,collections of $140,000,and write-offs of $3,000.Everbright records Uncollectible accounts expense at the end of the year using the aging method.At the end of the year,the aging analysis produces a figure of $1,900,being the estimate of uncollectible accounts at end of year.
-Before the year-end entry to adjust the Uncollectible accounts expense is made,what is the balance in the Uncollectible accounts expense?

A) Debit of $1,400
B) Credit of $1,944
C) Zero balance
D) Credit of $544