Hockey Inc. has total accounts receivable of $450,000 and the balance in the allowance for doubtful accounts is $60,000 (credit balance) before writing off an account receivable from Customer White. Hockey's management determines they will be unable to collect from Customer White and write off a $1,000 account receivable from White. What is the impact of this write off on Hockey's cash realizable value of the receivables before and after this write-off entry? Select one: a. $510,000 before and $509,000 after b. $390,000 before and $390,000 after c. $390,000 before and $389,000 after 1 d. $450,000 before and $449,000 after Oregon Inc. has total accounts receivable of $500,000 at the end of the current year. Management estimates that 3% of the total receivables will not be collected. The allowance for doubtful accounts has an existing credit balance of $6,000. What is the correct journal entry to be made at the end of the year to record uncollectible accounts? Select one: a. Dr. Bad debt expense $15,000 and Cr. Allowance for Doubtful accounts $15,000 b. Dr. Bad debts expense $9,000 and Cr. Allowance for doubtful accounts $9,000 c. Dr. Bad debt expense $21,000 and Cr. Allowance for doubtful accounts $21,000 d. Dr. Allowance for doubtful accounts $9,000 and Cr. Bad debt expense $9,000 The management of Bear Co. estimates that 3% of its accounts receivable will not be collected. The accounts receivable balance at the end of the year is $300,000. The Allowance for Doubtful Accounts has a credit balance of $2,200. What is the journal entry to record Bad Debt expense for the year? Select one: a. Dr. Bad debt expense $9000 Cr. Allowance for doubtful accounts $9000 b. Dr. Bad debt expense $6800 Cr. Allowance for doubtful accounts $6800 c. Dr. Allowance for doubtful accounts $11,200 Cr. Bad debt expense $11,200 d. Dr. Allowance for doubtful accounts $6800 Cr. Bad debt expense $6800