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Information related to accounts receivable is given: Mobile Technology Ltd. reported an unadjusted balance of accounts receivable of $1 $83,300 and an allowance accounts receivable

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Information related to accounts receivable is given: Mobile Technology Ltd. reported an unadjusted balance of accounts receivable of $1 $83,300 and an allowance accounts receivable were uncollectble and should be written off. Of the rema allowance for doubtful accounts of 3% of the net balance was needed. The of the outstanding balance was needed. L 295,000 at 31 December 20X3, along with a credt balance in the allowance for doubelul accounts of for sales discounts of $6,200. At year-end, the company determined that an allowance of $12,500 for sales discounts was needed. It also decided that $53,800 of ining receivables, was determined that 30% were current, and of the remann net arm a nee, an Required: For each case above, show how net accounts receivable would be reported on the statement of financial position, and calculate bad debt expense for the year. (Round your answers to the nearest whole dollar.) Net accounts receivable Bad debl expense

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