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Salam server-11054 Question 3 [5 points) XYZ Corporation had credit ses of $2.800.000 in 2014 At year End December 31, 2014 the company's Allowance for

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Salam server-11054 Question 3 [5 points) XYZ Corporation had credit ses of $2.800.000 in 2014 At year End December 31, 2014 the company's Allowance for Doubtful Accounts had annatusted debit balance of $15. The accountant for XYZ Corporation has prepared a schedule of the December 31, 2014 accounts receivable by age and on the basis of past expence, he estimated the percentage of the recoves in each age category that will become uncofectble. This information is summarized as fotos Acco Brush Recibe $ 512.000 Note under 3 days 352.000 11830 days past due 30.000 31 to days past 5.25 20,000 81 to days past 3250 6.000 Over days pastos 09:25 Compute the amount that should appear in the December 31, 2014 balance sheet as the lowance fox doubt accounts Allowance for doutill accounts b) Prepare the journal entry to record bad debit expense for 2014 General Jouma Date Detroit Page To record bad debit expense Question 4 (10 points) Prepare journal entries to record Benson in transactions Round All values to the nearest cont G DO

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