11853 are e Aruula C general ledger of Arugula balances, all of which are norzula Corporation at December 31, 2015 shows the following S 28,000 175,000 11,000 165,000 Cash Merchandise inventory d expenses Prepai Accounts receivable The balance of Allowance for Doubtful Accounts at January 1 Management estimates the net realizable value of accounts receivable should be $143,000. The adjusting entry for bad debts for 2015 is (a) Bad Debts Expense (b) Bad Debts Expense (c) Bad Debts Expense (d) Bad Debts Expense (e) None of the above 12. Under the aging of a company's accounts receivable, the uncollectible accounts are estimated 10,000 10,000 22000 22.000 14.300 14.300 Allowance for Doubtful Accounts Allowance for Doubtful Accounts Allowance for Doubtful Account 14,300 11,000 Allowance for Doubtful Account. 11,000 to be $12.000. The unadjusted balance for the Allowance for Doubtful Accounts is $2,000 credit. What is the amount of bad debts expense for the year? (a) S14,000 (b) $12,000 (c) $2,000 (d) $10,000 (e) None of the above 13. The net realizable value of the Accounts Receivable is $21.000 before the write off of a $1,500 account. What is the net realizable value after the write off? (a) $22,500 (b) $21,000 (c) $19,500 (d) $18,000 (e) None of the above 14. JLIB Holdings Inc. had the following balances in its short term receivable accounts at October 31, 2016 (in CAD millions): Allowance for Doubtful Trade and Notes Receivable $66.0. Allowance for Doubtful Financing Receivables S177.0, Financing receivables $22,159.1; Other Receivables S1,790.9; and Trade Accounts and Notes Receivable $3,799.1. What should be presented as the balance for the net realizable value of Total receivables in the JLIB Statement of Financial Position? a) $27,749.1 b) $27,683.1 c) $27,506.1 d) $27,329.1 e) None of the above