On January 1, 2019, a companys Accounts Receivable balance was $100,000, and the balance in the Allowance for Doubtful Accounts was a credit balance of $5,000. During 2019, the company recorded the following transactions: Credit Sales $130,000 Collections from customers $110,000 Accounts written-off $2,000 Collections on accounts previously written off $1,000 Determine the 2019 ending accounts receivable balance before adjusting entries are made. A. $118,000 B. $117,000 C. $119,000 D. $78,000 E. $121,000

1 points QUESTION 8 On January 1, 2019, a companys Accounts Receivable balance was $100,000, and the balance in the Allowance for Doubtful Accounts was a credit balance of $5,000. During 2019, the company recorded the following transactions: Credit Sales $130,000 Collections from customers $110,000 Accounts written-off $2,000 Collections on accounts previously written off $1,000 If the Company estimates 4% of receivables to be uncollectible, the bad debt expense for 2019 would be: A. $4,720 B. $720 C. $4,000 D. $160 E. $4,800

1 points QUESTION 9 On January 1, 2019, a companys Accounts Receivable balance was $100,000, and the balance in the Allowance for Doubtful Accounts was a credit balance of $5,000. During 2019, the company recorded the following transactions: Credit Sales $130,000 Collections from customers $110,000 Accounts written-off $2,000 Collections on accounts previously written off $1,000 If instead, the Company estimates 1% of credit sales to be uncollectible, the bad debt expense for 2019 would be: A. $200 B. $1,100 C. $1,200 D. $1,180 E. $1,300