Kingbird's Accounts Recelvable account was $$581,000$ and Allowance for Doubtful Accounts had a credit balance of $$40,670.$ The year$-$end balance reported in the balance sheet for Allowance for Doubtful Accounts will be based on the aging schedufe shown below.

$\backslash$table$[[$Days Account Outstanding,Amount,$\backslash$table$[[$Probability of$],[$Collection$]]],[$Less than $16$ days,$$313,600,0\mathrm{.}97],[$Between $16$ and $30$ days,$111,700,0\mathrm{.}90],[$Between $31$ and $45$ days,$82,900,0\mathrm{.}86],[$Between $46$ and $60$ days,$40,200,0\mathrm{.}78],[$Between $61$ and $75$ days,$18,400,0\mathrm{.}57],[$Over $75$ days $($to be writtenoff$),14,200,0\mathrm{.}00]]$

Your answer is incorneck,

What is the appropriate balance for Allowance for Doubtful Accounts at year$-$end?

Balance for allowance for doubtful accounts $

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Your ancwer is partially correct.

Show how accounts receivable would be presented on the balance sheet:

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X Your answer is incorrest.

What is the dollar effect of the year end bad debt adjustment on the before$-$tax inceme?

Dollar effect of the year end thad diebt adjugtment

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