Providing for Doubtful Accounts At the end of the current year, the accounts receivable account has a debit balance of $1,162,000 and sales for the year total $13,170,000. a. The allowance account before adjustment has a credit balance of $15,700. Bad debt expense is estimated at 1/4 of 1% of sales b. The allowance account before adjustment has a credit balance of $15,700. An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $50,200. c. The allowance account before adjustment has a debit balance of $8,300. Bad debt expense is estimated at 3/4 of 1% of sales d. The allowance account before adjustment has a debit balance of $8,300. An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $68,900. Determine the amount of the adjusting entry to provide for doubtful accounts under each of the assumptions (a through d) listed above. b. 98,775 X 34,500 32,925 X d. 85,600 X Feedback