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At the end of the current year, the accounts receivable account has a debit balance of $999,000 and sales for the year total $11,330,000. a.

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At the end of the current year, the accounts receivable account has a debit balance of $999,000 and sales for the year total $11,330,000. a. The allowance account before a b. The allowance account before adjustment has a credit balance of $13,500. An aging of the accounts in the customer ledg it has a credit balance of SI 3,500. Bad debt expense is estimated at 3/4 of 1% of The allowance account before adjustment has a debit balance of $5,000. Bad debt expense is estimated at 1/4 of 1% of sales. d. The allowance account before adjustment has a debit balance of $5,000. An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $41,500. Determine the amount of the adjusting entry to provide for doubtful accounts under each of the assumptions (a through d) listed above

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