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aircanprogresssfalse eBook Show Me How Calculator Providing for Doubtful Accounts At the end of the current year, the accounts receivable account has a debit balance

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aircanprogresssfalse eBook Show Me How Calculator Providing for Doubtful Accounts At the end of the current year, the accounts receivable account has a debit balance of $6,800,000 and sales for the year total $81,500,000. a. The allowance account before adjustment has a debit balance of $68,250. Bad debt expense is estimated at % of 1% of sales. b. The allowance account before adjustment has a debit balance of $68,250. An agin g of the accounts in the customer ledger indicates estimated doubtful accounts of $575,000. nce account before adjustment has a credit balance of $45,000. Bad debt expense is estimated at of i% of sales. d. The allowance account bef accounts of $450,000. ore adjustment has a credit balance of $45,000. An aging of the accounts in the customer ledger indicates estimated doubtful Detrmine the amount of the adjusting entry to provide for doubtful accounts under each of the assumptions (a through d) listed above. a. b. c. d. Check My Work 3PM 422019

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