providing for doubtful accounts

Providing for Doubtful Accounts At the end of the current year, the accounts receivable account has a debit balance of $1,236,000 and sales for the year total $14,010,000, The allowance account before adjustment has a credit balance of $16,700. Bad debt expense is estimated at 1/4 of 1% of sales b. The allowance account before adjustment has a credit balance of $16.700. An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $53.400. c. The allowance account before adjustment has a debit balance of $5,500. Bad debt expense is estimated at 3/4 of 1% of sales d. The allowance account before adjustment has a debit balance of $5,500. An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $45,700. Determine the amount of the adjusting entry to provide for doubtful accounts under each of the assumptions (a through d) listed above $ 41.75 x 40,200