1. Sage Company's unadjusted trial balance at December 31, 2020, included the following accounts. Credit Accounts receivable Allowance for doubtful accounts Net sales Debit $57.900 4,360 $1,286,300 Sage Company estimates uncollectible accounts will be 6% of gross accounts receivable. Determine its bad debt expense for 2020. Bad debt expense for 2020 $ 3474 2. An analysis and aging of Pronghorn Corp. accounts receivable at December 31, 2020, disclosed the following Amounts estimated to be uncollectible Accounts receivable Allowance for doubtful accounts (per books) $ 181,570 1.762,800 128,470 What is the net amount expected to be collected of Pronghorn's receivables at December 31, 2020? Net realizable value $ 1634330 3. Stellar Co. provides for doubtful accounts based on 3% of gross accounts receivable. The following data are available for 2020. 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 $3,330,100 59.530 17.910 7.610 30,510 Co. provides for doubtful accounts based on 3% of gross accounts receivable. The following data are available for 2020. 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 $3,330,100 59,530 17.910 7.610 30,510 What is the balance in Allowance for Doubtful Accounts at December 31, 2020? Allowance for doubtful accounts 12/31/20 $ 94913 4. At the end of its first year of operations, December 31, 2020, Pearl Inc. reported the following information. Accounts receivable, net of allowance for doubtful accounts Customer accounts written off as uncollectible during 2020 Bad debt expense for 2020 $969,600 21,670 76,330 What is the balance in Allowance for Doubtful Accounts at December 31, 2020? Allowance for doubtful accounts 12/31/20 $ 94913 4. At the end of its first year of operations, December 31, 2020, Pearl Inc. reported the following information, Accounts receivable, net of allowance for doubtful accounts Customer accounts written off as uncollectible during 2020 Bad debt expense for 2020 $969,600 21,670 76,330 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 54660 5. The following accounts were taken from Martinez Inc's trial balance at December 31, 2020