HLIN 1 Dover Company's year-end unadjusted trial balance shows the following Accounts Receivable $57.000: Allowance for Doubtful Accounts $177 credit and Sale $179.000. Uncollectibles are estimated to be 2 of sales. In the year-end adjusting entry to record bad debt expense, the company wilt Debt Debt Experte 1757 Credit Allowance for Doubtful Accounts $1757 Debit Bad Debt Expense 3.400 credit Allowance for Doubt Account $3400 Debit Allowance for our Accounts $1757 Credit Bad Debt $1757 Deba t Expense $3.500, credit Allowance for Doubt Accounts $3.580 Question 2 At each year-end, Moore Company uses the allowance method percent of receivables approach to estimate bad debts. On December 31, 2019. it has outstanding accounts receivable of $87400, and it estimates that 2% will be uncollectible. Allowance for Doubtful Accounts has a $290 credit balance before the adjustment. In the adjusting entry to record bad debt expense for 2017, the company wil Debit Bad Debt Expense $174. Credit Allowance for Dout Accounts $1748 Debit Allowance for Doubtful Account $1.748 credt Bad Debt Expense $1748 Debit ad Debt Expense $2.038 credit Allowance for Dout Accounts $2.038 o Debit Bad Debt Expense $1.458. credit Allowance for Doublul Acoounts 51458 Question 3 Alen Company borrows $150,000 cash on November 1, 2019, by signing a 90 day. 9% note with a face value of $150,000. The note matures on January 30, 2020. The company's accounting period ends on December 31. (When calculating the amount of interest assume a 360 day year) What journal entry will the company record on December 31, 2017 Debit interest Expense $2.250 credit interest Payable $2,250 Debit interest Expense $1,125;credit interest Payable $1.125 Debit interest Expense $2.250 credit Notes Payable $2.250 Debit terest Payable $2.250, credit interest Expense $2.250