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What is the amount of the adjusting journal entry

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Question - The balance in the Allowance for Doubtful Accounts at the beginning of the year was $5,000. This was a normal balance. During the year the company wrote of an additional Account Receivables of $6,900. Later on, during the year, $900 of the $6,900 of the debts previously written off were collected. What is the amount of the adjusting journal entry if the company uses a balance sheet approach and the expected amount of uncollectible accounts receivable amounts to 5% of Accounts Receivables of $10,000?

a. $5,000

b. $6,900

c. $6,000

d. $5,900

Reference no: EM132542469

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