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please help me to solve those questions -A Information on Hohenberger Company for 2017 follows Total credit sales Accounts receivable at December 31 Uncollectible accounts

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-A Information on Hohenberger Company for 2017 follows Total credit sales Accounts receivable at December 31 Uncollectible accounts written off Amount collected on accounts previously written of (after write off but before year end) $1,000,000 400,000 17,500 Calculate b and answer (LO 2) AP 2,500 Instructions a) Assume that Hohenberger Company decides to estimate its uncollectible accounts using the allowance method and an aging schedule Uncollectible accounts are estimated to be $24,000) What amount o expense will Hohenberger Company record if Allowance for Doubtful Accounts had an opening balance of 20,000 on January 1, 201y method and estimates its bad debt expense at 2 25%) of credit sales. What amount ofbad debt expense will January 1, 2017? on January 1, 2017. What amount of bad debt expense will Hohenberger record on December 31, 2017? at the end of the period when using the percentage of receivables approach? accounts receivable? 4-000 (b) Assume that Hohenberger Company decides to estimate its uncollectible accounts using the allowance Hohenberger Company record if Allowance for Doubtial Accounts had an pening balance of $20,000.on (c) Assume the same facts as in part (a) except that the Allowance for Doubtful Accounts had a $12,000 balance (d) How does the amount ofaccounts written off during the period affect the amount of bad debt expense recorded (e) How does the collection of an account that had previously been written off affect the net realizable value of

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