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please diregard the answers i put in. i dont know if they are correct. plase explain how to get answers. thank you! 95 Additional Example

please diregard the answers i put in. i dont know if they are correct. plase explain how to get answers. thank you!
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95 Additional Example - Percentage of Accounts Receivable At the beginning of the year, Tennyson Auto Parts had an accounts receivable balance of $31,800 and a balance in the allowance for doubtful accounts of $2,980 (credit). During the year Tennyson had credit sales of 5624,300, collected accounts recevable in the amount of $802,700, wrote off $18,600 of accounts receivable, and had the following data for accounts receivable at the end of the period: Accounts Receivable Age Current 1-15 days past doe 16-45 days pas duo 46-90 days past due Over 90 days past due Amour $20,400 5,300 3,100 3.600 2.400 $34,800 Proportion Expected to Default 0.01 0.02 0.08 0.15 0.30 Current 1-15 days past due 16-45 days past due 46-90 days past due Over 90 days past due Totals AR Percentage Amount Estimate $20,400 5,300 296 3.100 896 3,500 2.400 30% $34,800 $204 106 248 540 720 $1,818 15% a. Determine the balance in the allowance for doubtful accounts before the adjusting entry is posted. 317438 wrico: 18.02980 Der 1650 x=17,437 1,918 b. Determine the desired ending balance in the allowance for doubtful accounts. $1,816 c. Prepare the adjusting entry to record bad debt expense. 7,438 d. Determine the bad debt expense for the year

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