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What is the adjusted balance in the allowance

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Assume Brandall Co. had credit sales of $217,178 and cost of goods sold of $41,978 for the period. Brandall uses the percentage of credit sales method and estimates that 3 percent of credit sales would result in uncollectible accounts. Before the end-of-period adjustment is made, the Allowance for Doubtful Accounts has a debit balance of $213.

Question 1: What is the adjusted (ending) balance in the Allowance for Doubtful Accounts that Brandall would report on the Balance Sheet?

Reference no: EM132570123

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