1. Coronado Co. provides for doubtful accounts based on 2% of gross accounts receivable, The following data are available for 2017.

Credit sales during 2017		$1,489,400
Bad debt expense		58,940
Allowance for doubtful accounts 1/1/17		17,240
Collection of accounts written off in prior years (customer credit was reestablished)		8,470
Customer accounts written off as uncollectible during 2017		27,720

What is the balance in Allowance for Doubtful Accounts at December 31, 2017?

2. At the end of its first year of operations, December 31, 2017, Whispering Inc. reported the following information.

Accounts receivable, net of allowance for doubtful accounts		$958,900
Customer accounts written off as uncollectible during 2017		24,930
Bad debt expense for 2017		87,730

What should be the balance in accounts receivable at December 31, 2017, before subtracting the allowance for doubtful accounts?

Accounts receivable, before deducting allowance for doubtful accounts

3. The following accounts were taken from Metlock Inc.s trial balance at December 31, 2017.

		Debit		Credit
Net credit sales				$700,300
Allowance for doubtful accounts		$14,350
Accounts receivable		311,500

If doubtful accounts are 3% of accounts receivable, determine the bad debt expense to be reported for 2017.

The bad debt expense, as adjusted