Providing for Doubtful Accounts At the end of the current year, the accounts receivable account has a debit balance of $1, 058,000 and net sales for the year total $12,000,000. The allowance account before adjustment has a credit balance of $14, 300. Bad debt expense is estimated at 3/4 of 1% of net sales. The allowance account before adjustment has a credit balance of $14, 300. An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $45, 800. The allowance account before adjustment has a debit balance of $6, 900. Bad debt expense is estimated at 1/2 of 1% of net sales. The allowance account before adjustment has a debit balance of $6, 900. An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $57, 300. Determine the amount of the adjusting entry to provide for doubtful accounts under each of the assumptions (a through d) listed above. $900000 $60100 $60000 $50400