5) Meny Inces the Aging cong records show the PLE wing OKL Accounts Receivable Estimated Uncollectie 0.30 549.000 Number of you 31.0 6 0 $14.500 1.000 Oh 12.500 be su Ir the adjusted balance of the Allowance for Doubt amount of the Allowance for Doub Account is a credit balance of 2.000, what is the ad Debt Expense to the recorded for the year A) 517,375 B) S11.575 C) 520275 D) $14,475 Write ubb reb ub cl 6) Legacy evacy Company uses the aging of a nti alle method. The company performed aning of accounts receivable on December 31 and thered the following information Accounts Receivable 5610,000 Unadjusted balance in Allowance for Doubtful Accounts (credit) 88.000 Estimated Uncollectible Accounts Receivable 97,000 What is the Net Accounts Receivable that will be reported on the balance sheet at December 317 A) SS13,000 B) S522,000 C) $416,000 D) $601,000 Use the following information to answer questions 7 and 8. A customer of Exquisite Flooring recently filed for bankruptcy protection, leading the credit manager of Exquisite Flooring to conclude that the company would never collect the balance of $2.800 owed by the customer. Exquisite Flooring uses the allowance method to account for uncollectible accounts receivable 7) Which of the following entries would be made by Exquisite Flooring to record the write-off of the cu ccounts receivable? Debit Accounts Receivable and credit Allowance for Doubtful Accounts for $2,800 Debit Bad Debt Expense and credit Allowance for Doubtful Accounts for $2,800. Debit Bad Debt Expense and credit Cash for $2,800 Debit Bad Debt Expense and credit Accounts Receivable for $2,800 ebit Allowance for Doubtful Accounts and credit Accounts Receivable for $2.800