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At the end of the current year, the accounts receivable account has a debit balance of $1,080,000 and sales for the year total $12,250,000. Providing

At the end of the current year, the accounts receivable account has a debit balance of $1,080,000 and sales for the year total $12,250,000.
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Providing for Doubtful Accounts At the end of the current year, the accounts receivable account has a debit balance of $1,080,000 and sales for the year total $12,250,000. a. The allowance account before adjustment has a credit balance of $14,600. Bad debt expense is estimated at 3/4 of 1% of sales. b. The allowance account before adjustment has a credit balance of $14,600. An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $46,700. c. The allowance account before adjustment has a debit balance of $5,700. Bad debt expense is estimated at 1/2 of 1% of sales. d. The allowance account before adjustment has a debit balance of $5,700. An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $47,300 Determine the amount of the adjusting entry to provide for doubtful accounts under each of the assumptions (a through d) listed above a 91,875 32,100 30,625X $ 50,200X b. C. d

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