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11)A company has the following schedule through the aging of accounts receivable outstanding to estimate its bad debt: No. of Days Qutstanding 0-30 days 31-60

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11)A company has the following schedule through the aging of accounts receivable outstanding to estimate its bad debt: No. of Days Qutstanding 0-30 days 31-60 days Over 60 days Probability of Collection .98 Amount $150,000 100, 000 50,000 .90 .80 What is its bad debt expense if the Allowance for Doubtful Accounts has a debit balance of $5,000 before any adjustment? $18,000 $28,000. $272,000. $282,000. a. b. . d. 12) Windward Corporation's books disclosed the following information for the year ended December 31, 2014: Net credit sales Net cash sales $1,500,000 240,000 200,000 400,000 Accounts Receivable at beginning of year Accounts Receivable at end of year Windward's accounts receivable turnover is 3.75 times a. b. 4.35 times 5.00 times C. 5.80 times

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