Using the Percentage-Of-Sales Method,the Estimated Total Uncollectible Accounts Are $7,122

Multiple Choice

Using the percentage-of-sales method,the estimated total uncollectible accounts are $7,122.The Allowance for Uncollectible Accounts prior to adjustment has a debit balance of $3,135.The Accounts Receivable balance is $44,820.The amount of the adjusting entry for Uncollectible-Accounts Expense is:

A) $3,135.
B) $3,987.
C) $7,122.
D) $10,257.