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Sweet Company uses the aging method to adjust the allowance for uncollectible accounts at the ond of the period. At December 31,2020 , the balance of accounts recoivable is $250,000 and the allowance for uncollectible accounts has a credit balance of $1.000 (before adjustment) An analysis of accounts recewable produced the following age groups (Click the icon to view the accounts receivable aging information.) Based on past experience. Sweot estimates that the percentages of accounts that will prove to be uncollectible within the three groups are 4%, 10%, and 21%, respectively Based on these facts, the adjusting entry for bad debt expense should be made in the amount of A. $14,130 B. 513,130 . C. $15,130. D. $23,130 Sweet Company uses the aging method to adjust the allowance for uncollectible accounts at the ond of the period. At December 31,2020 , the balance of accounts recoivable is $250,000 and the allowance for uncollectible accounts has a credit balance of $1.000 (before adjustment) An analysis of accounts recewable produced the following age groups (Click the icon to view the accounts receivable aging information.) Based on past experience. Sweot estimates that the percentages of accounts that will prove to be uncollectible within the three groups are 4%, 10%, and 21%, respectively Based on these facts, the adjusting entry for bad debt expense should be made in the amount of A. $14,130 B. 513,130 . C. $15,130. D. $23,130

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