15,000. The Allowance for Doubtful Account has a debit balance of $8, 000. What is Bad Debt Expense using the percentage-of-receivable method 9 Jackaon has $1,500,000 in Accounts Receivable. The aging schedule calculation is $7,000 $22,000 $ 23,000 15, 000 d. 10 During 2016, its first year of operations, Ada begin his brakery with equity of withdrew 540,000 from the business. What is thenending balance in Owner's Equity at December 31, 20162 $45,000. The brakery had revenue of $105,000 and expenses totaling $85,000. Ada $ 40,000 debit $ 45,000 credit 25, 000 credit 22,000 debit b. d. 11 Evans Company had beginning inventory of $80,000, ending inventory of 110, 000, cost of goods sold for $160, 000, and net revenue of $220,000. Evans inventory turnover in times and days are 1.86 times and 196 days 1.68 times and 217 days 1.45 times and 251 days .54 times and 237 days b. d. 12 The usual ordering of account in the general ledger is assets, 1iabilities, drawings, owner's capital, expenses, and revenues assets, liabilities, owner 's capital, drawings, revenues, and expenses liabilities, assets, owner's capital, revenues, expenses, and drawings owner's capital, assets, liabilities, drawings, expenses, and revenues b. 13 Harold's Bicycle Repair Shop started the year with total assets of $212,000 and total liabilities of $120,000. During the year, the business recorded $359,000 in repair revenues, Harold withdrew 930, 000. Harold's Owner's Capital Balance at the end of the year was $309, 000. How much was Net Income $ 229, 000 $ 309, 000 b. C. d. $ 339,000 247,000 14 Calculate the Cost of Goods Sold (coGs) and ending inventory using the LIFO cost