1. Using the percentage-of-receivables method for recording bad debt expense, estimated uncollectible accounts are $72000. If the balance of the Allowance for Doubtful Accounts is an $14400 debit before adjustment, what is the balance after adjustment?

A. $72000

B. $14400

C. $86400

D. $57600

2. In reviewing the accounts receivable, the cash receivable value is $25400 before the write-off of a $1800 account. What is the cash receivable value after the write-off?

A. $25400

B. $1800

C. $27200

D. $23600

3. In 2022 the Sheffield Corp. had net credit sales of $950000. On January 1, 2022, the Allowance for Doubtful Accounts had a credit balance of $22400. During 2022, $33500 of uncollectible accounts receivable were written off. Past experience indicates that the allowance should be 5% of the balance in receivables (percentage-of-receivables basis). If the accounts receivable balance at December 31 was $235000, what is the required adjustment to the Allowance for Doubtful Accounts at December 31, 2022?

A. $11750.

B. $22850.

C. $34150.

D. $33500.

4. An analysis and aging of the accounts receivable of Skysong, Inc. at December 31 reveal these data:

Accounts receivable	$3140000
Allowance for doubtful accounts per books before adjustment (credit)	240000
Amounts expected to become uncollectible	294000

What is the cash realizable value of the accounts receivable at December 31 after adjustment? A. $2606000

B. $2900000

C. $3140000

D. $2846000

5. Bramble Corp. unadjusted trial balance includes the following balances (assume normal balances):

	Accounts receivable	$1900000
	Allowance for doubtful accounts	$33500

Bad debts are estimated to be 10% of outstanding receivables. What amount of bad debt expense will the company record?

A. $199500

B. $156500

C. $154370

D. $194130