Providing for Doubtful Accounts At the end of the current year, the accounts receivable account has a debit balance of $1,835,000 and sales for the year total $25,600,000 The allowance account before adjustment has a debit balance of $12,500, tad debt expense is estimated at 1/2 of 1% of sales b. The allowance account before adjustment has a debit balance of $12.500. An aging of the accounts in the customer indger indicates estimated doubtful accounts $162,000 c. The allowance account before adjustment has a credit balance of $26,810, Bad debt expense is estimated at 3/4 of 1% of sales. d. The allowance account before adjustment has a credit balance of $26,810. An aging of the accounts in the customer ledger indicates estimated dawberul accounts $171,200 Determine the amount of the adjusting entry to provide for doubtful accounts under each of the assumptions (a through d) Isted above sBook Calculator Print Item Number of Days Past Due Toot Auto Supply distributes new and used automobile parts to local dealers throughout the Midwest. Toot's credit terms are 30. As of the end of business on October 31, the following accounts receivable were past due! Account Due Date Amount Avalanche Auto August 15 $12,000 Bales Auto October 4 2,400 Derby Auto Repair June 26 3,900 Lucky's Auto Repair September 10 6,600 Pit Stop Auto September 24 1,100 Reliable Auto Repair July 2 9,750 Trident Auto August 25 1,800