Use this information to answer the following question. The general ledger account for Accounts Receivable shows a debit balance of $50,000.Allowance for Uncollectible Accounts has a credit balance of $1,000.Net sales for the year were $500,000.In the past,2 percent of sales have proved uncollectible,and an aging of accounts receivable accounts results in an estimate of $13,500 of uncollectible accounts.
-Using the percentage of net sales method,Uncollectible Accounts Expense would be debited for
A)$9,000.
B)$11,000.
C)$1,000.
D)$10,000.

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Using the percentage of net sales method, the Uncollectible Accounts Expense is calculated as 2% of net sales ($500,000), which equals $10,000.

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