Maple Company provides for doubtful accounts expense at the raw of 3 percent of credit sales. The following data are available for last year: The allowance for doubtful accounts balance at December 31, after adjusting entries, should be a. $45,000. b. $84,000. c. $90,000. d. $99,000. The following information is from the records of Prosser. Inc. for the year ended December 31, 2008. If the basis for estimating bad debts is 1 percent of net sales, the correct amount of doubtful accounts expense for 2008 is a. $22, 800. b. $23, 200. c. $28, 880. d. $34, 880. Based on the aging of its accounts receivable at December 31, Pribob Company determined that the net realizable value of the receivables at that date it $760.000. Additional information is as follows: Pribob's doubtful accounts expense for the year ended December 31 is a. $80,000. b. $96,000. c. $120,000. Assume the following facts for Kurt Company: The month-end bank statement shows a balance of $40.000; outstanding checks total $2,000; a deposit of $8,000 is in transit at month-end; and a check for $400 was erroneously charged against the account by the bank. What is the correct cash balance at the end of the month? a. $33, 600 b. $34, 400 c. $45, 600 d. $46, 400