Answer the questions relating to each of the five independent situations as requested. 1. Bramble Companys unadjusted trial balance at December 31, 2020, included the following accounts.

		Debit		Credit
Accounts receivable		$52,100
Allowance for doubtful accounts		7,940
Net sales				$1,229,300

Bramble Company estimates uncollectible accounts will be 7% of gross accounts receivable. Determine its bad debt expense for 2020.

Bad debt expense for 2020

$

2. An analysis and aging of Sunland Corp. accounts receivable at December 31, 2020, disclosed the following.

Amounts estimated to be uncollectible		$ 182,620
Accounts receivable		1,750,100
Allowance for doubtful accounts (per books)		127,810

What is the net amount expected to be collected of Sunlands receivables at December 31, 2020?

Net realizable value

$

3. Coronado Co. provides for doubtful accounts based on 2% of gross accounts receivable, The following data are available for 2020.

Credit sales during 2020		$3,804,000
Bad debt expense		57,090
Allowance for doubtful accounts 1/1/20		18,060
Collection of accounts written off in prior years (customer credit was reestablished)		7,530
Customer accounts written off as uncollectible during 2020		27,110

What is the balance in Allowance for Doubtful Accounts at December 31, 2020?

Allowance for doubtful accounts 12/31/20

$

4. At the end of its first year of operations, December 31, 2020, Whispering Inc. reported the following information.

Accounts receivable, net of allowance for doubtful accounts		$875,400
Customer accounts written off as uncollectible during 2020		23,400
Bad debt expense for 2020		85,240

What should be the balance in accounts receivable at December 31, 2020, before subtracting the allowance for doubtful accounts?

Accounts receivable, before deducting allowance for doubtful accounts

$

5. The following accounts were taken from Metlock Inc.s trial balance at December 31, 2020.

		Debit		Credit
Net credit sales				$711,400
Allowance for doubtful accounts		$13,260
Accounts receivable		340,400

If doubtful accounts are 3% of accounts receivable, determine the bad debt expense to be reported for 2020.

Bad debt expense, as adjusted

$