Praving for Double Account At the end of the current at the accurace counttas a debit balance of 5851,000 and sales for the year tots 39.550,000. The allowance before adjustments a credit balance 11.500 Rodbe is estimated at 1/4 of 1% of sales The awance account before ment has a credit balance of SILSOO Anaging of the accounts in the custom ledo indicates doubtful accounts of 536.800 The lowice conforman has a debt hance of $5,100. Baie wel estimated off we d. The was account before the debt balance of 15.100. An aging of the counts in the customer oder indicates tinted out of 1,300. Ostermine the amount of the tutino entry to provide for the counter euch of the stone through above b. c Providing for Doubt Accounts At the end of the current year the accounts receivable account has a debit balance of $851,000 and sales for the year total 5,650,000 The allowance account before adjustment has a credit balance of $11,500. Rad debt expensis estimated at 1/4 of 1% of sales. b. The allowance account before adjustment has a credit balance of $11,500. An aging of the accounts in the customer ledger indicates estimated doch accounts of $36.000 c. The allowance account before adjustment has a debit balance of $5,100. Bad debt expense is estimated at 3/4 of 1 of sales d. The allowance account before adjustment has a debit balance of $5,100. An aging of the accounts in the customer ledger indicates estimated doubtful count of $42.00 Determine the amount of the adjusting entry to provide for doubtful accounts under each of the assumptions (a through oh listed above . d. Allowance Method Source the following transactions in the allowance method of accounting for uncollectible recevables Oct. 2. Received 52,090 from Wiliam Pruitt and wrote of the remainder owed of $1.950 as uncollectible. If an amount box does not require an entry, Inove blank Oct. 2 Dec. 20.Reinstated the account of William Pruit and received $1.950 cash in full payment. If an amount box does not require an entry leave it blank. Reinstate III Collection