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pleasee help. Providing for doubtful accounts At the end of the current...

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Accounting

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Providing for doubtful accounts At the end of the current year, the accounts receivable account has a debit balance of $999,000 and sales for the year total $11,330,000. a. The allowance account before adjustment has a debit balance of $13,500. Bad debt expense is estimated at 1/2 of 1% of sales. b. The allowance account before adjustment has a debit balance of $13,500. An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $43,200. c. The allowance account before adjustment has a credit balance of $6,500. Bad debt expense is estimated at 3/4 of 1% of sales. d. The allowance account before adjustment has a credit balance of $6,500. An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $54,000. 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. x Foodback r Check My Work An estimate based on a percent of sales determines the amount of the adjusting entry based on the amount estimated for Bad Debt Expense. The amount estimated for Bad Debt Expense is

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