for doubtful accounts under each of the following assum of sales. ledger indicates estimated doubtful accounts of $162,000. 1% of sales. d. The allowance account before adjustment has a credit balance of $26,810. An aging of the accounts in the custom ledger indicates estimated doubtful accounts of $171,200. EX 8-7 Number of days past due Obi Toot Auto Supply distributes new and used automobile parts to local dealers throughout de Midwest. Toot's credit terms are n/30. As of the end of business on October 31, the following accounts receivable were past due: Account a Date Amount Avalanche Auto ugust 15 $12,000 Bales Auto October 4 2,400 Derby Auto Repair June 26 3,900 Lucky's Auto Repair September 10 6,600 Pit Stop Auto September 24 1,100 Reliable Auto Repair July 2 9,750 Trident Auto August 25 1,800 Valley Repair & Tow May 23 4,000 Determine the number of days each account is past due as of October 31. EX 8-8 Aging of receivables sche a. The allowance account before adjustment has a debit balance of $12,500. Bad debt expense is estimated and b. The allowance account before adjustment has a debit balance of $12,500. An aging of the accounts in the cost C. The allowance account before adjustment has a credit balance of $26,810. Bad debt expense is estimated