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EBOOK Providing for Doubtful Accounts At the end of the current year, the counts receivable account has a debit balance of 56,800,000 and sales for

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EBOOK Providing for Doubtful Accounts At the end of the current year, the counts receivable account has a debit balance of 56,800,000 and sales for the year total 581,500,000 o. The sllowance account before adjustment has a debit balance of 568 250. Bad debt expense is estimated at 3 of 1% of sales. b. The allowance account before adjustment has a debit balance of $68,250. An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $575,000 The allowance account before adjustment has a credit balance of $45,000 atabonis estimated at of 19 of sales. 0. The allowance account before adjustment has a credit balance of $45,000. An aging of the accounts in the customer ledger indicates estimated doubtral Boccounts of $450,000 Determine the amount of the adjusting entry to provide for doubtful accounts under cach of the assumptions (a through d) listed above . C

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