Problem 7-2 Your answer is partially correct. Try again. Presented below are a series of unrelated situations. Answer the questions relating to each of the five independent situations as requested. 1. Halen Company's unadjusted trial balance at December 31, 2017, included the following accounts. Debit Credit Accounts receivable Allowance for doubtful accounts Net sales $53,000 $4,000 $1,200,000 Halen Company estimates uncollectible accounts to be 7% of gross accounts receivable. Determine its bad debt expense for 2017. Bad debt expense for 2017 Problem 7-2 Your answer is partially correct. Try again. Presented below are a series of unrelated situations. Answer the questions relating to each of the five independent situations as requested. 1. Halen Company's unadjusted trial balance at December 31, 2017, included the following accounts. Debit Credit Accounts receivable Allowance for doubtful accounts Net sales $53,000 $4,000 $1,200,000 Halen Company estimates uncollectible accounts to be 7% of gross accounts receivable. Determine its bad debt expense for 2017. Bad debt expense for 2017