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1. Pina Company's unadjusted trial balance at December 31,2020 , included the following accounts. Pina Company estimates uncollectible accounts will be 5% of gross accounts

image text in transcribedimage text in transcribedimage text in transcribed 1. Pina Company's unadjusted trial balance at December 31,2020 , included the following accounts. Pina Company estimates uncollectible accounts will be 5% of gross accounts receivable. Determine its bad debt expense for 2020. Bad debt expense for 2020$ What is the net amount expected to be collected of Grouper's receivables at December 31, 2020? Net realizable value $ 3. Monty Co. provides for doubtful accounts based on 3% of gross accounts receivable, The following 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, Flounder Inc. reported the following information. 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 $ 5. The following accounts were taken from Culver Inc.'s trial balance at December 31, 2020. If doubtful accounts are 3% of accounts receivable, determine the bad debt expense to be reported for 2020. Bad debt expense, as adjusted $

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