Problem -
Christopher Company had the following information in 2014
Accounts receivable 12/31/14 - $10,000
Allowance for uncollectible account 12/31/14 (before adjustment) - 650
Credit sales during 2014- 47,000
Cash sales during 2014 - 10,000
Collections from customers on account during 2014 - 43,000
Uncollectible accounts are determined by the percent-of-sales method to be 2% of credit sales. How much is uncollectible-account expense for 2014?