Use the following to answer questions 12 15

At December 31, KC Co reported accounts receivable of $90,000 and an allowance for uncollectible accounts of $700 (credit). An analysis of accounts receivable suggests that the allowance for uncollectible accounts should be 5% of accounts receivable.

12. $___________Estimate the amount of 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 customers account balance of $300 is written off as uncollectible. Record the write-off.

15. $___________If Net Accounts receivable were $75,000 before the write-off, how much are Net Accounts receivable AFTER the write-off?