More practice questions for allowance for doubtful accounts For the year ended December 31, 2022, Clementine Inc. estimated its allowance for uncollectible accounts using the percentage of accounts receivable method. The following data are available: Accounts Receivables, 12/1/2022 $232,000 Allowance for doubtful accounts, 12/1/2022 $8,000, Debit Estimated uncollectible A/R 4.0% of A/R The following transactions for December have not been recorded: -Collection on A/R on 12/15/2022 -Uncollectible A/R written off, 12/21/2022 $21,000 $8,000 1. What is the amount of bad debt expense recorded on 12/31/2022 adjusting entry? 2. What is the ending gross accounts receivables amount for the year end after the appropriate adjusting entry is made? 3. What is the ending allowance for doubtful accounts amount for the year end after the appropriate adjusting entry is made? 4. What is the amount of net accounts receivable (net realizable value) for the year end after the appropriate adjusting entry is made?