Using the Percentage-Of-Sales Method, You Estimate That Total Uncollectible Accounts

Multiple Choice

Using the percentage-of-sales method, you estimate that total uncollectible accounts is $5,875. The Allowance for Uncollectible Accounts prior to adjustment has a credit balance of $2,635. The amount of the adjusting entry for uncollectible accounts expense is:

A) $2,635.
B) $3,240.
C) $5,875.
D) $8,510.