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providing for doubtful accounts Show w alu Providing for Doubtful Accounts At the end of the current year, the accounts receivable account has a debit

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Show w alu Providing for Doubtful Accounts At the end of the current year, the accounts receivable account has a debit balance of $1,228,000 and sales for the year total $13,930,000. a. The allowance account before adjustment has a credit balance of $16,600. Bad debt expense is estimated at 3/4 of 1% of sales. b. The allowance account before adjustment has a credit balance of $16,600. An aging of the accounts in the customer ledger indicates estimated doubtfu accounts of $53,100. C. The allowance account before adjustment has a debit balance of $6,900. Bad debt expense is estimated at 1/4 of 1% of sales. d. The allowance account before adjustment has a debit balance of $6,900. An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $57,300. Determine the amount of the adjusting entry to provide for doubtful accounts under each of the assumptions (a through d) listed above

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