Question: terkeAssignmentMain.dorinvoker = assignments&takeAssignmentSessionLocator = assignment - take&inprogress = false eBook Show Me How Providing for Doubtful Accounts At the end of the current year, the

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Providing for Doubtful Accounts
At the end of the current year, the accounts receivable account has a debit balance of $2,950,000 and sales for the year total $27,400,000.
a. The allowance account before adjustment has a debit balance of $9,500. Bad debt expense is estimated at 34 of 1% of sales.
b. The allowance account before adjustment has a debit balance of $9,500. An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $188,000.
c. The allowance account before adjustment has a credit balance of $31,400. Bad debt expense is estimated at 12 of 1% of sales.
d. The allowance account before adjustment has a credit balance of $31,400. An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $175,000.
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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