The Following Information Is from the 2017 Records of Robin

question 15

Multiple Choice

The following information is from the 2017 records of Robin Antique Shop: $\begin{array}{|l|r|}\hline\text { Accounts receivable, December } 31,2017 & \$ 44,000 \text { (debit) }\\\hline\text { Allowance for Bad Debts, December 31, } \\\text { prior to adjustment }& 1,100 \text { (debit) } \\\hline \text { Net credit sales for } 2017 & 176,000 \\\hline \text { Accounts written off as uncollectible during } & \\2017 & 11,000 \\\hline \text { Cash sales during } 2017 & 27,000\\\hline\end{array}$ Bad debts expense is estimated by the percent-of-sales method.Management estimates that 5% of net credit sales will be uncollectible.The ending balance of the Allowance for Bad Debts account after adjustment will be ________.

• A)$9,900
• B)$9,050
• C)$11,250
• D)$7,700

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Definitions:

French

Relating to France or its people, culture, language, or nation.

Yamasee

Refers to the Yamasee War, a conflict between British settlers of colonial South Carolina and various Native American tribes, including the Yamasee, in the early 18th century.

English

A West Germanic language originating in England, now globally dominant and widely spoken internationally.

Deerskins

The skins of deer, traded as commodities between Native Americans and European settlers, often used for clothing, bookbinding, and other purposes.