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Stone Limited's general ledger reports a balance in Accounts Receivable of $720,000 at the end of December, Assuming that allowance for Doubtful Accounts has a

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Stone Limited's general ledger reports a balance in Accounts Receivable of $720,000 at the end of December, Assuming that allowance for Doubtful Accounts has a credit balance of $8,800 and that uncollectible accoun ts aredetermined to be $72,000 by aging the accounts, record the adjusting entry at December 31 Based on the information provided above, please answer the following questions Note: please provide answers without dollar signs or commas. Example: 68000 Negative numbers should be entered with a negative sign at the beginning. Example: -68000 Blank #1: After all adjusting entries, what is the balance in the accounts receivable? Blank #2: After all adjusting entries, what is the balance in the allowance for doubtful accounts? Blank #3: After all adjusting entries, how much bad debt expense is recorded? Blank # 1 Blank # 2 Blank #3

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