NAME: Question #2 Aecounts Recelvable an PLEASE SHOW YOUR WORK FOR ALL PROBLEMS TO EARN THE MOST POINTS A. As of 1/1/2015, Sad Men Company has an Allowance for Douhtfial Accounts balanoe of d Bad Debt problems (8 points) $22.000. During 2015, Sad Men writes off specific accounts receivable worth a total of S19,000. Ai the end of the ycar, Sad Men records Bad Deht Expense of $25,000. Whan wil be the balance of Sad Men's as of 12/31/2015? (2 points) B. Before recording any adjusting entries, Ancient Family Company reports the following information on its Unadjusted Trial Balance (as of 12/31/2015) DebitCredit Accounts Reccivablc Allow ance for Doubaful Accouats 280 116,000 Ancient Family Company uses the Percentage orCredir Sales method and estimates that 1% of credit sales are uncollectible. What is the Net Realizable Valuc of Accounts Receivable that will be reported on the company's balance shect as of 12/31/15? (3 points) recording any adjusting entries, Breaking Good Ine. reports Accounts Receivable of $540,000 and 00nd an Allowance for Doubtful Accounts of $2.200 (eredit balance) as of 12/31/2015. The company uses the Aging Method to estimate follows: account uncollectibility, as AR Estimmated Percent Estimated Amount Amount A/R Aging Uncollectible Uncolloctible 1% 8% 30% Not yet due $ 4,150 6,560 0-60 days past due 82,000 12,900 Over 60 days past due Total 43,000 540,000 $23,610 What adjusting lounal sntry should Breaking Good Company record at the end of 2015 related to its estimate of uncollectible accounts? (3 points)