--------- 1. Shamrock Company's unadjusted trial balance at December 31, 2020, included the following accounts. Credit Accounts receivable Allowance for doubtful accounts Net sales Debit $54,100 7,320 $1,279,700 Shamrock Company estimates its bad debt expense to be 5% of gross accounts receivable. Determine its bad debt expense for 2020. Bad debt expense for 2020 10025 $ 2. An analysis and aging of Bridgeport Corp. accounts receivable at December 31, 2020, disclosed the following. Amounts estimated to be uncollectible $ 183,680 Accounts receivable 1,793,800 Allowance for doubtful accounts (per books) 128,620 What is the net amount expected to be collected of Bridgeport's receivables at December 31, 2020? Net realizable value 3. Indigo Co. provides for doubtful accounts based on 4% of gross accounts receivable. The following data are available for 2020. Credit sales during 2020 $4,244,100 Bad debt expense 57,800 Allowance for doubtful accounts 1/1/20 16,450 Collection of accounts written off in prior years (customer credit was reestablished) 7,250 Customer accounts written off as uncollectible during 2020 32,230 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, Sweet Inc. reported the following information. Accounts receivable, net of allowance for doubtful accounts $921,900 Customer accounts written off as uncollectible during 2020 22,440 Bad debt expense for 2020 80,610 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 Pharoah Inc.'s trial balance at December 31, 2020. Debit Credit $734,900 Net credit sales Allowance for doubtful accounts Accounts receivable $12,740 301,400 If doubtful accounts are 3% of accounts receivable, determine the bad debt expense to be reported for 2020. Bad debt expense, as adjusted