In 2016, the beginning balance of accounts receivable is 474,000. The beginning balance of the allowance for uncollectible accounts is 32,000. During 2016, credit sales were $1,760,000, cash collections from customers $1,840,000, and $37,000 in accounts receivable were written off. An aging of accounts receivable at December 31, 2016, reveals the following: Prepare summary journal entries to account for the 2016 write-offs. Calculate the ending balance of accounts receivable before adjusting bad debts. Calculate the bad debt expense for each of the following situations: Bad debt expense is estimated to be 3% of credit sales for the year. Bad debt expense is estimated by computing net realizable value of the receivables. The allowance for uncollectible accounts is estimate to be 10% of the year-end balance in accounts receivable. Bad debt expense is estimated by computing net realizable value of the receivables. The allowance for uncollectible accounts is determined by an aging of accounts receivable. Prepare the year-end adjusting entry for bad debts according to 3a