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Providing for Doubtful Accounts At the end of the current year, the accounts receivable account has a debit balance of $1,110,000 and sales for the

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Providing for Doubtful Accounts At the end of the current year, the accounts receivable account has a debit balance of $1,110,000 and sales for the year total $12.590,000 The allowance account before adjustment has a debit balance of $15,000. Bad debt expense is estimated at 1/4 of 1% of sales. b. The allowance account before adjustment has a debit balance of $15.000. An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $48.000 The lowance out before austment has a credit balance of $4.500. Bad debt expense is estimated at 1/2 of 19 of sales d. The towance account before adjustment has a credit balance of $4,500. An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $37,400. Det the amount of the adjusting entry to provide for doubtful accounts under each of the assumptions(through d) sted above

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