Providing for Doubtful Accounts At the end of the current year, the accounts receivable account has a balance of $1,103,000 and sales for the year total $12,500,000 Determine the amount of the adjusting entry to provide for doubtful accounts under each of the following independent assumptions The allowance account before adjustment has a negative balance of so 14,900). Bad debt expense is estimated at 3/4 of 1% of sales The allowance account before adjustment has a negative balance of $(14,900). An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $47,700 The allowance account before adjustment has a positive balance of $5,900. Bad debt expense is estimated at 1/4 of 1% of sales The allowance account before adjustment has a positive balance of $5,900. An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $49,000. Determine Due Date and Interest on Notes Determine the due date and the amount of interest due at maturity on the following notes. When calculating interest amounts, assume there are 360 days in a year. Round intermediate calculations to 4 decimal places, and round your final answers to the nearest whole dollar. Date of Note Face Amount Interest Rate Term of Note a. January 15 b. April1 c. June 22 d. August 30 e. October 16 $113,480 20,055 27,925 26,970 13,835 13% 13 10 13 13 30 days 90 days 45 days 120 days 50 days Due Date Interest Due at Maturity a. Feb. 14 1,229 651 X 341 X 1,157 X b. Jun. 30 C. Aug.6 d. Dec. 28 e. Dec. 5