Q1: In 2016, Winslow Company had net credit sales of \$1, 50, . On January 1, 2016, Allowance for Doubtful Accounts had a credit balance of $ 25,000. During 2016 , $32,000 of uncollectible accounts receivable were written off. Past experience indicates that the allowance should be 10 % of the balance in receivables ( percentage of receivables basis). If the accounts receivable balance at December 31 was $360,000 , what is the required adjustment to the Allowance for Doubtful Accounts at December 31 , 2016 ? Select one : a. \$29,000 b. $ 6, 000 $6,000 d. \$43,000

Q2: Amazon Company purchased equipment on January 1, 2016, at a total cost of 5400, 000 . The equipment has an estimated salvage value of \$10,000 and an estimated useful life of 5 years. If the straight-line method of depreciation is used , the amount of accumulated depreciation at December 31, 2017, is Select one : a. $ 156,000 b $ 80,000 . $ 160, 000 d. \$ 78,000