please help with all these accouting multiple choice problems!

A Ap X Aa A A Timesew... 12 Sensitivity Styles Paragraph x A e A B U 11. Nichols Company uses the percentage of receivables method for recording bad debts expense. The accounts receivable balance is $250,000 and credit sales are $1,000,000. Management estimates that 4 % of accounts receivable will be uncollectible. What adjusting entry will Nichols Company make if the Allowance for Doubtful Accounts has a credit balance of $2,500 before adjustment? A) Bad Debts Expense 10,000 10,000 Allowance for Doubtful Accounts 7,500 B) Bad Debts Expense 7,500 Allowance for Doubtful Accounts 7,500 C) Bad Debts Expense 7,500 Accounts Receivable 10,000 D) Bad Debts Expense 10,000 Accounts Receivable 12. Using the percentage-of-receivables method for recording bad debt expense, estimated uncollectible accounts are $55,000. If the balance of the Allowance for Doubtful Accounts is $11,000 debit before adjustment, what is the balance after adjustment? A) $55,000 B) $11,000 C) $66,000 D) $44,000 13. Using the percentage-of-receivables method for recording bad debt expense, estimated uncollectible accounts are $45,000. If the balance of the Allowance for Doubtful Accounts is $6,000 debit before adjustment, what is the balance after adjustment? A) $45,000 B) $51,000 C) $39,000 D) $6,000 I 14. In reviewing the accounts receivable, the cash receivable value is $28,000 before the write-off of a $2,000 account. What is the cash receivable value after the write-off? A) $28,000 B) $2,000 C) $30,000 D) $26,000 100% Focus ge 3 of 6 1032 words by Pharos@ 1990