Providing for Doubtful Accounts At the end of the current year, the accounts receivable account has a balance of $1,140,000 and sales for the year total $12,920,000. Determine the amount of the adjusting entry to provide for doubtful accounts under each of the following independent assumptions: a. The allowance account before adjustment has a negative balance of $(15,400). Bad debt expense is estimated at 1/4 of 1% of sales. x b. The allowance account before adjustment has a negative balance of $(15,400). An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $49,300. 33,900 c. The allowance account before adjustment has a positive balance of $5,400. Bad debt expense is estimated at 1/2 of 1% of sales. d. The allowance account before adjustment has a positive balance of $5,400. An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $44,800. 50,200