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At the end of the current year, the accounts receivable account has a dobit balance of $1,512,000 and sales for the ycar tolal 521,170,000. Determine

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At the end of the current year, the accounts receivable account has a dobit balance of $1,512,000 and sales for the ycar tolal 521,170,000. Determine the amount of the adjusting entry to provide for doubtful accounts under each of the following assumptions? a. The allowance account before adjustment has a debit balance of 510,300 . Bad debt bxpense is estimated at 3/4 of 1% of sales. b. The allowance account before adjustment has a debit balance of $10,300. An aging of the accounts in the customer ledper indicates estimated docktful accosnts of t27 so0. c. The allowance account before adjustment has a credit balance of $9,400. Bad debt expense is estirated at 1/4 of 1% of sales. d. The allowance account before adjustment has a credit balance of 59,400 . An aglng of the accounts in the customer iedger indicates bstimated doubtful accourts of sts opo. This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analyis, and inout vour answers in the euestions below. Open spreadsheet Round your answers to the nearest dollar. a. 5 b. 5 c. 5 d. 3 Valiey Designs issued a 90-day, 8% note for $30,000, dated April 22 , to Eork Furnirure Company con account. Assume 760 days in a vear ahen carpouEng the intereat. a. Determine the due date of the note. b. Determine the maturity value of the note. c1. Journalize the entry to record the receipt of the note by Bork. Fumiture. If an amount box does nst reculre an entry. leave ie blark. c2. Journalize the entry to record the receipt of payment of the note at maturity, If an amount box does not require an entry, leav it black

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