Providing for Doubtful Accounts

At the end of the current year, theaccounts receivableaccount has a debit balance of $6,800,000 and sales for the year total $81,500,000.

1. The allowance account before adjustment has a debit balance of $68,250. Bad debt expense is estimated at of 1% of sales.
2. The allowance account before adjustment has a debit balance of $68,250. An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $575,000.
3. The allowance account before adjustment has a credit balance of $45,000.Bad debt expenseis estimated at of 1% of sales.
4. The allowance account before adjustment has a credit balance of $45,000. An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $450,000.

Determine the amount of the adjusting entry to provide for doubtful accounts under each of the assumptions (a through d) listed above.

a.$

b.$

c.$

d.$