Providing for doubtful accounts At the end of the current year, the accounts receivable account has a debit balance of $703,000 and sales for the year total $7,970,000. a. The allowance account before adjustment has a debit balance of $9,500. Bad debt expense is estimated at 1/2 of 1% of sales. b. The allowance account before adjustment has a debit balance of $9,500. An aging of the accounts in the customer ledger indicates estimated doubtul accounts of $30,400. c. The allowance account before adjustment has a credit balance of $8,000. Bad debt expense is estimated at 3/4 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 d) listed above. a. b. c. 5 d. 5