Meadowbrook Company uses the Aging of Accounts Receivable method for estimating uncollectible accounts. The accounting records show the folle information at the end of the year Number of Days Unpaid 31 - 60 0 - 30 61 - 90 Over 90 Accounts Receivable $740,000 $480,000 $220,000 $160,000 Estimated % Uncollectible 5% 10% 15% 25% if the unadjusted credit balance in the Allowance for Doubtful Accounts account before is $68.000 what would be the amount of the adjustment for bad debts? $90.000 3120.000 569.000 $150.000 On January 1. ENBD lends a corporate customer AED 480.000 at 4% interest. The amount of interest revenue that should be recorded for the quarter ending March 31 equal AED 1.200. AED 3.600 AED 14,400. AED 4.800 Hart Corporation uses the allowance method, on May 1Hart wrote off a $22,000 customer account balance wiwit became war that the particular customer will never pay However, on July 15, the customer showed up and payed the previously written off account. The Journal entry to return the written off account will be Debit to Allowance for Doubtful Accounts and credit to Accounts Receivable Debit to Bad Debt Expense and credit to Allowance for Doubtful Accounts. Debit to Allowance for Doubtful Accounts and credit to Bad Debt Expense. Debit to Accounts Receivable and credit to Allowance for Doubtful Accounts