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At the end of the current year, the sales for the year total $10,740,000. a. The all ed at 1/4 of 1% of sales. b.

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At the end of the current year, the sales for the year total $10,740,000. a. The all ed at 1/4 of 1% of sales. b. The before adjustment has a credit balance of $12,800. An in the aging of the 41,000. c. The allowance account accounts of adjustment has a debit balance of $5,300. Bad debt expense is estimated at 3/4 of 1% of sales. dThe allowance account adjustment has a debit balance of $s,300. An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $44,000. the amount of the adjusting entry to provide for doubtful accounts under each of the Determine assumptions (a through d) listed above. a. 67,750 x b. S( 28,200 ) 85,850 49,300 An estimate based on a percent of sales determines the amount of the adjusting entry based on the amount estimated for Bad Debt Expense. The amount estimated for Bad Debt Expense is based on a Check My Work Go to PC setPreviousvateNext 1 more Check My Work uses remaining

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