7. K Ltd reported beginning and ending balances in the Allowance for doubtful account of $612 000 and $915 000 respectively. It also reported that write-offs of bad debts amounted to $358 000. Assuming that no previously written-off accounts had been collected, what amount did K Ltd record as bad debt expense for the period? 8. Plume Ltd maintains subsidiary ledgers for accounts receivable and accounts payable. At 1 January 2018, accounts receivable was $3000 and accounts payable was $5 600. Transactions for the month of January 2016 were as follows: Credit sales Cash sales Credit purchases Cash purchases Cash received from debtors Cash paid to creditors 9 000 4 000 16 000 2 000 8 000 17 000 What was the balance of the accounts payable account at 31 January 2018? 9. The bank statement balance is $6 450 and shows a service charge of $30, interest earned of $25, and a NSF check for $475. Deposits in transit total $1 850, outstanding checks are $1 125. What is the adjusted bank balance