c.com/course/196078/quizzes/887485/ke Question 16 5 pts Blair Company uses the allowance method to account for uncollectible accounts. Its year-end dusted trial balance shows Accounts Receivable of $112.000 Alowance for Doubtful Accounts of $400 (credit) and Sales of $700.000. If uncollectible accounts are estimated to be 2 of Sales, what is the amount of the Bad Debt Expense adjusting entry? 51.840 $14400 12.10 $14.000 $13.000 D Question 17 At each year-end, Bir Company uses the allowance method percent of receivables approach to estimate bad debts On December 31, 2019, it has outstanding accounts receivable of $75.000, and it estimates that will be uncollectible. Allowance for Doubtful Accounts as a $300 credit balance before the adjustment. In the adjusting entry to record bad debt expense for 2017, the company wil Debit Bed Debt Expense $1.000 credit Allowance for Double Account $1800 Debitllad Debt Expense 1.200 credit Allowance for Doubtful Accounts $1.200 Debit Allowance for Doubtful Accounts $1.200 credit ad Debt Expense $1.200 Debit ad Debt Expense $1.500 credit Allowance for Doubtful Accounts $1.500 Question 18 On January 1, 2017, a company purchases equipment for $49,000. The companyines the straight-line depreciation method and estimates that the equipment will have a us salvage value of $4.000. The company's annual accounting period ends on December 31. In the adjusting entry on December 31, 2019, the company wit e of 10 years and a Debit Depreciation Expense 14500 credito .500 Debit Depreciation pense $4.900 credit Accumulated Depreciation 54.900 Debit Depreciation Expense S100.credit Accumulated Depreciation 5400 Debit Depreciation Expense $4500 credit Acourulated Depreciation $4.500