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