Question: Multiple Choice Question 104 A trial balance before adjustments included the following: Debit Credit $1720000 Sales Sales returns and allowance Accounts receivable Allowance for doubtful

Multiple Choice Question 104 A trial balance before adjustments included the following: Debit Credit $1720000 Sales Sales returns and allowance Accounts receivable Allowance for doubtful accounts $54200 175000 3070 If the estimate of uncollectibles accounts is made by taking 5% of gross accounts receivables, the amount of the adjustment is O$11820. o $5680. O $8750. O $8597. Click if you would like to Show Work for this question: Open Show Work By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. Question Attempts: 0 of 1 used

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