Question 17 0.05 pts Use the following information to answer Question 17 to 19. Mary Ltd uses the allowance method for estimating uncollectable accounts. On 30 June, Mary Ltd prepares an ageing schedule of accounts receivable which shows total estimated bad debts of $10,400. On this date the Allowance for Doubtful Debts has a debit balance of $600, and Accounts Receivable has a balance of $170,000. On 5 July, Mary Ltd receives word that Cherry Ltd has declared bankruptcy and Mary Ltd writes off its accounts receivable $1,600. On 12 September, Cherry Ltd notifies Mary Ltd that it can pay its $1,600 debt and includes a cheque for the entire amount. Required: In the adjusting entry for the accounting period ended on 30 June, what is the amount of bad debts expense? Question 18 0.05 pts Use the following information to answer Question 17 to 19. Mary Ltd uses the allowance method for estimating uncollectable accounts. On 30 June, Mary Ltd prepares an ageing schedule of accounts receivable which shows total estimated bad debts of $10,400. On this date the Allowance for Doubtful Debts has a debit balance of $600, and Accounts Receivable has a balance of $170,000. On 5 July, Mary Ltd receives word that Cherry Ltd has declared bankruptcy and Mary Ltd writes off its accounts receivable $1,600. On 12 September, Cherry Ltd notifies Mary Ltd that it can pay its $1,600 debt and includes a cheque for the entire amount. Required: What is the allowance for doubtful debts account balance on 5 July? Question 19 0.05 pts Use the following information to answer Question 17 to 19. Mary Ltd uses the allowance method for estimating uncollectable accounts. On 30 June, Mary Ltd prepares an ageing schedule of accounts receivable which shows total estimated bad debts of $10,400. On this date the Allowance for Doubtful Debts has a debit balance of $600, and Accounts Receivable has a balance of $170,000. On 5 July, Mary Ltd receives word that Cherry Ltd has declared bankruptcy and Mary Ltd writes off its accounts receivable $1,600. On 12 September, Cherry Ltd notifies Mary Ltd that it can pay its $1,600 debt and includes a cheque for the entire amount. Required: What is the allowance for doubtful debts account balance on 12 Sept