At January 1, Everbright Sales Has the Following Balances

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 account 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.
After the year-end entry to adjust the Uncollectible accounts expense is made, what is the final balance in the Uncollectible accounts expense?

A) Debit of $3,700
B) Credit of $4,200
C) Debit of $1,900
D) Debit of $3,000