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According to last year's balance sheet, a company reported Accounts Receivable of $555,000 and a credit balance in Allowance for Doubtful Accounts of $40,400. During

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According to last year's balance sheet, a company reported Accounts Receivable of $555,000 and a credit balance in Allowance for Doubtful Accounts of $40,400. During the current year, the company recorded $1,606,000 of service revenue on account and $1,550,000 in collections from customers. This year, the company wrote off $30,500 in accounts receivable and collected $4,500 of previously written off accounts. Using the % receivables method, you estimate that 5% of outstanding receivables at year-end are uncollectible. Calculate the following and choose the correct responses. Part A: Balance of Accounts Receivable, end of current year Part B: Unadjusted balance of Allowance for Doubtful Accounts, end of current year Part C: Estimated Uncollectible Accounts, current year Part D: Bad Debt Expense for current year

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