Providing for Doubtful Accounts At the end of the current year, the accounts receivable account has a debit balance of $799,000 and sales for the year total 59,060,000 The allowance account before adjustment has a debit balance of $10,800. Bad debt expense is estimated at 1/4 of 1% of sales. The allowance account before adjustment has a debit balance of $10,800. An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $34,600 c. The allowance account before adjustment has a credit balance of $8,000. Bad debt expense is estimated at 1/2 of 1% of sales, d. The allowance account before adjustment has a credit balance of $8,000. An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $66,400 Determine the amount of the adjusting entry to provide for doubtful accounts under each of the assumptions (a through C) listed above d