The following are a series of unrelated situations.
1. Halen Company's unadjusted trial balance at December 31, 2019, included the following accounts.

Halen Company estimates its bad debt expense to be 7% of gross accounts receivable. Determine its bad debt expense for 2019.
2. An analysis and aging of Stuart Corp. accounts receivable at December 31, 2019, disclosed the following.
Amounts estimated to be uncollectible.........................$180,000
Accounts receivable..............................................1,750,000
Allowance for doubtful accounts (per books)..................125,000
What is the cash realizable value of Stuart's receivables at December 31, 2019?
3. Shore Co. provides for doubtful accounts based on 4% of gross accounts receivable, which had a balance of $1,500,000 at year-end. The following data are available for 2019.
Credit sales during 2019.........................................................................$4,400,000
Allowance for doubtful accounts 1/1/19............................................................17,000
Collection of accounts written off in prior years (customer credit was reestablished).........8,000
Customer accounts written off as uncollectible during 2019....................................30,000
What is the balance in Allowance for Doubtful Accounts at December 31, 2019?
4. At the end of its first year of operations, December 31, 2019, Darden Inc. reported the following information.
Accounts receivable, net of allowance for doubtful accounts.........................$950,000
Customer accounts written off as uncollectible during 2019.............................24,000
Bad debt expense for 2019....................................................................84,000
What should be the balance in accounts receivable at December 31, 2019, before subtracting the allowance for doubtful accounts?
5. The following accounts were taken from Bullock Inc.'s trial balance at December 31, 2019.

If doubtful accounts are 3% of accounts receivable, determine the bad debt expense to be reported for 2019.
Instructions
Answer the questions relating to each of the five independent situations as requested.

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Debit $53,000 Credit Accounts receivable Allowance for doubtful accounts Net sales 4,000 $1,200,000 Debit Net credit sales Credit $750,000 Allowance for doubtful accounts $ 14,000 310,000 Accounts receivable