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Driver Company expects that $19,700 of its $448,500 Accounts Receivable balance is uncollectible. The Allowance...

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Accounting

Driver Company expects that $19,700 of its $448,500 Accounts Receivable balance is uncollectible. The Allowance for Doubtful Accounts before adjustment has a debit balance of $3,500. The amount of the adjusting entry needed by Driver is:

A. $19,700

B, $16,200

C. $23,200

D. $428,800

E. $432,300

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