On January 1, DogMart Company purchased a two-year liability insurance policy for $37000 cash. The purchase was recorded to Prepaid insurance. How much would be the january 31 amount recorded to expense (use two decimals): Add your answer Question 14 What are the four basic categories or types of accounts that require adjusting entries at the end of an accounting period? Use the editor to format your answer Question 15 Allowance for Doubtful Accounts has a credit balance of $30000 at the end of the year, before adjustments. Sales for the year amounted to $1060000, and sales returns and allowances amounted to $67000. If uncollectible accounts expense is estimated at 1t of net sales, the amount of the appropriate adjusting entry will be (nearest whole dollar)