19. Ace Co. prepared an aging of its accounts receivable at December 31, 2017 and determined that the net realizable value of the receivables was $900,000. Additional information is available as follows: Allowance for uncollectible accounts at 1/1/17credit balance $102,000 Accounts written off as uncollectible during 2017 69,000 Accounts receivable at 12/31/17 975,000 Uncollectible accounts recovered during 2017 15,000 For the year ended December 31, 2017, Ace's bad debt expense would be a. $75,000. b. $69,000. c. $48,000. d. $27,000.

20. For the year ended December 31, 2017, Dent Co. estimated its allowance for uncollectible accounts using the year-end aging of accounts receivable. The following data are available:

Allowance for uncollectible accounts, 1/1/17 $126,000

Provision for uncollectible accounts during 2017 90,000

Uncollectible accounts written off, 11/30/17 104,000

Estimated uncollectible accounts per aging, 12/31/17 156,000

After year-end adjustment, the bad debt expense for 2017 should be

a. $104,000.

b. $90,000.

c. $156,000.

d. $134,000.

21. In preparing its August 31, 2017 bank reconciliation, Bing Corp. has available the following information:

Balance per bank statement, 8/31/17 $25,650

Deposit in transit, 8/31/17 3,900

Return of customer's check for insufficient funds, 8/30/17 600

Outstanding checks, 8/31/17 2,750

Bank service charges for August 100

At August 31, 2017, Bing's correct cash balance is

a. $26,800.

b. $26,200.

c. $26,100.

d. $24,500.