Use the following to answer questions 12 15 At December 31, the company reported accounts receivable of $35,000 and an allowance for uncollectible accounts of $500 (credit). An analysis of accounts receivable suggests that the allowance for uncollectible accounts should be 7% of accounts receivable. the amount of 12. $ Estimate uncollectible receivables: 13. $ When recording the adjusting entry for bad debt expense how much should Allowance for Uncollectible accounts be credited? 14. On January 10, a customer's account balance of $100 is written off as uncollectible. Record the write-off. 15. $ _If Net Accounts receivable were $30,000 before the write-off, how much are Net Accounts receivable AFTER the write-off? Use the following to answer questions 16 - 19 For each transaction indicate whether it should: 14. On January 10, a customer's account balance of $100 is written off as uncollectible. Record the write-off. 15. $ If Net Accounts receivable were $30,000 before the write-off, how much are Net Accounts receivable AFTER the write-off? Use the following to answer questions 16 - 19 For each transaction indicate whether it should: A. increase, B. decrease, or C. no effect. Credit sales transaction cycle Assliabilitisckholders' equiltyventixpenses 16. Provide services on account 17. Estimate uncollectible accounts 18. Write off accounts as uncollectible 19. Collect on account previously written off E