providing for doubtful accounts

Show Me How Calculator Print Item Providing for Doubtful Accounts At the end of the current year, the accounts receivable account has a debit balance of $740,000 and sales for the year total $8,390,000. a. The allowance account before adjustment has a credit balance of $10,000. b. The allowance account before c. The allowance account before adjustment has a debit adjustment has a credit balance of $10,000. An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $32,00o balance of $7,300. Bad debt expense is estimated at 1/4 of t % of sales. d. The allowance account before adjustment t has a debit balance of $7,300. An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $60,600 the adjusting entry to provide for doubtful accounts under each of the assumptions (a through d) listed above. b. d. (Pt Previous Check My Work 1 more Check My Work uses remaining