Question: Hello, I can please get some help with a accounting problem for class ASAP? Please write your answer clearly and according to the following problem.

Hello, I can please get some help with a accounting problem for class ASAP? Please write your answer clearly and according to the following problem. Thank you for the help.

Hello, I can please get some help with a accounting problem for

Providing for Doubtful Accounts a. At the end of the current year, the accounts receivable account has a debit balance of $1,066,000 and sales for the year total $12,080,000. The allowance account before adjustment has a credit balance of $14,400. Bad debt expense is estimated at 1/4 of 1% of sales. b. The allowance account before adjustment has a credit balance of $14,400. An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $46,100. c. The allowance account before adjustment has a debit balance of $4,900. Bad debt expense is estimated at 1/2 of 1% of sales. d. The allowance account before adjustment has a debit balance of $4,900. An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $40,700. Determine the amount of the adjusting entry to provide for doubtful accounts under each of the assumptions (a through d) listed above. a. $ b. $ C. $ d. $

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