1. Martinez Company's unadjusted trial balance at December 31, 2020, included the following accounts. Debit Credit $52.100 Accounts receivable Allowance for doubtful accounts Net sales 6,350 $1.223,900 Martinez Company estimates uncollectible accounts will be 5% of gross accounts receivable. Determine its bad debt expense for 2020 Bad debt expense for 2020 $ 2. An analysis and aging of Sandhill Corp. accounts receivable at December 31, 2020, disclosed the following. $181.850 Amounts estimated to be uncollectible Accounts receivable Allowance for doubtful accounts (per books) 1,759,600 127.290 What is the net amount expected to be collected of Sandhill's receivables at December 31, 2020? Net realizable value 3. Teal Co. provides for doubtful accounts based on 3% of gross accounts receivable. The following data are available for 2020. $1,731,800 57,960 Credit sales during 2020 Bad debt expense Allowance for doubtful accounts 1/1/20 Collection of accounts written off in prior years customer credit was reestablished) Customer accounts written off as uncollectible during 2020 16.450 7.750 32.200 What is the balance in Allowance for Doubtful Accounts at December 31, 2020? Allowance for doubtful accounts 12/31/20 4. At the end of its first year of operations, December 31, 2020, Flint Inc. reported the following information. $860.700 Accounts receivable, net of allowance for doubtful accounts Customer accounts written off as uncollectible during 2020 Bad debt expense for 2020 24,180 76.910 What should be the balance in accounts receivable at December 31, 2020, before subtracting the allowance for doubtful accounts $ Accounts receivable, before deducting allowance for doubtful accounts aalante 5. The following accounts were taken from Buffalo Inc's trial balance at December 31, 2020. Debit Credit $743,400 Net credit sales Allowance for doubtful accounts Accounts receivable $12.750 311,300 If doubtful accounts are 3% of accounts receivable, determine the bad debt expense to be reported for 2020 Bad debt expense, as adjusted $