eBook Show Me How of the Providing for Doubtful Accounts At the end of the current year, the accounts receivable account has a debit balance of $792,000 and sales for the year total $8,980,000. a. The allowance account before adjustment has a credit balance of $10,700. Bad debt expense is estimated at 1/4 of 1% of sales. b. The allowance account before adjustment has a credit balance of $10,700. An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $34,200. c. The allowance account before adjustment has a debit balance of $8,700. Bad debt expense is estimated at 1/2 of 1% of sales. d. The allowance account before adjustment has a debit balance of $8,700. An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $72,200. Determine the amount of the adjusting entry to provide for doubtful accounts under each of the assumptions (a through d) listed above. scelvedal a 120 b. $ box does Check My Work 2 more Check My Work uses remaining Previous Next > 2020