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Time Left:0:26:49 Jade Rith: Attempt 1 Previous Page Next Page Page 18 of 23 Question 18 (10 points) Show your work to receive partial credit.

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Time Left:0:26:49 Jade Rith: Attempt 1 Previous Page Next Page Page 18 of 23 Question 18 (10 points) Show your work to receive partial credit. The trial balance for Wildcat Papers revealed the following balances before adjustments as of 12/31/2017, Accounts Receivable Allowance for Doubtful Accounts Sales, Net (all on credit) $ 80.000 $ 1.750 $ 580,000 Wildcat Papers estimates that 4% of gross accounts receivable will be uncollectible. a. (7 pts) Provide the adjusting FSET impact to record bad debt expense for 2017? b. (3 pts) Show the presentation of accounts receivable that Wildcat Papers will report on its December 31, 2017 balance sheet. A Paragraph BIU

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