O The to > WI- 17.00 50.00 genow.com/ilm/takeAssignment/takeAssignmentMain.do?invoker=&take AssignmentSessionLocator=&inprogressat a eBook Show Me How Office 365 Providing for doubtful accounts At the end of the current year, the accounts receivable account has a debit balance of $1,703,000 and sales for the year total 523,340,000 Determine the amount of the adjusting entry to provide for doubtful accounts under each of the following assumptions! The towanen account before adjustment has a debit balance of $11,600. Bd debt expense is estimated at 1/4 of me of sales b. The lowance account before adjustment has a debit balance of $11.600. An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $24,80 c. The allowance account before adjustment has a credit balance of $6,900. Bad debt expense is estimated at 3/4 of 14 of sales d. The allowance account before adjustment has a credit balance of 56,900. An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $57,300 This information has been collected in the Microsoft Excel Online Open the spreadsheet, perform the required analysis, and input your answers in the questions below Open spreadsheet Found your answers to the nearest dollar 0.5 71,200 X D 36,480 CS 178,000 ds 50,400 Chat A estimate bied on a percent of sales determines the amount of the cutting entry on the most estimated for at Experthermoted for bad Debit penses based on Decont of Animate bated on an aging of accounts recevable focuses on the Allowance for Doce Account. The amount of the dusting entry is not wild and Danoin me Allowance for Doubt Accounts equal to that shed by the aging schedule