Problem 7-04 From inception of operations to December 31, 2020, Merck Corporation provided for uncle sunt recevable under the towance method. The provisions are recorded, based on analyses of customers with different allowance account recoveries of bad debts previously written of were created to the allowance account, and no year-end s to the a c count were made creditems are today were we The balance in ce for Do r ota $100.000 amounted to 519,600. Medited computer system in y 1, 2020. During 2020, crea ted $9,165,000, the provision for do w n to be 100 ,000 of bad vember 2020, and an aging of accounts receivate was prepared for the first time of December 31, 2020. Ammary of De aging is as follows Balance in Estimated Classification by Mont of Sale November December 2010 October 31 256,200 600 Prior to 11/20 $2.500.000 number to the a ctor /20garcentag ended December 11, 2020, Metack adopted a trent method for the a c tor deutul course s in wure w e by the year and agg ber 31, 2000. The i o control METLOCK CORPORATION Analysis of Change in the ADA Comotion of Am