The Accounts Receivable balance for Computer Co. is $70,000 as of December 31st. Before calculating and recording Bad Debt Expense for the year, the Allowance for Bad Debt has a credit balance of $80. Credit sales for the year were $65,000. In the past, 3% of net credit sales have proved uncollectible. An aging of Computer Co.'s Accounts Receivable results in a $2,000 estimate for the Allowance for Bad Debt. There were no write-offs during the year. Q10. Assume Computer Co. uses the percent of sales method. What is Accounts Receivable, net on its December 31st Balance Sheet? Q11. Assume Computer Co. uses the percent of sales method. What is Bad Debt Expense on its Income Statement for the year ending December 31st? Q12. Assume Computer Co. uses the aging of receivables method. Please provide the adjusting entry the Company would record to recognize Bad Debt Expense: Q13. Assume Computer Co. uses the aging of receivables method. What is the balance in the Allowance for Bad Debt after Computer Co. records its adjustment entry relating to Bad Debt Expense? Q14. Assume Computer Co. uses the aging of receivables method. What is Accounts Receivable, gross" on its December 31s Balance Sheet? Q15. Assume Computer Co. uses the aging of receivables method. What is Accounts Receivable, net" on its December 31st Balance Sheet? Q 16. Assume Computer Co. uses the aging of receivables method. What is Bad Debt Expense on its Income Statement for the year ending December 31st