CUMULATIVE REVIEW PROBLEM: CHAPTER 7 The purpose of this problem is to procide an opportunity to reciere both nee concepts in the current chapter and major concepts in previous chapters. This cumulatice reciew should assist you in integrating accounting concepts and preparing for exams. REQUIRED: Use the following information for the five questions which follow. On December 31, 2011, the unadjusted trial balance of Pete Inc., included the following accounts: Credit $900,000 Debit Sales (90% represent credit sales) Accounts Receivable Allowance for Doubtful Accounts $300,000 300