W2IOnline te..x3 Assignments ACCT 2101 316.7 LAt the end of the curent yeat. . Show Me How Caloulator viding for Doubtful Accounts the end of the current year, the accounts recelvable account has a debit balance of $2.930,000 and sales for the year total $27.400,000 The allowance account b fore adyishment has a dda balan, of S9,500. Bad der "xpense is estimated at 24 di%of sales The allowance account before a Atment handelt balance or sasoo. An ayng a the acounti mehe astomer l ape ndate anatraded a The aloance accent before ad u tment has ende balance of$31A00. Bad ele ed hd at 1a i% due akan termine the amount of the adjusting entry to provide for doubtful accounts under each of the assumptions ( hrough d) listed above An estimati based on a percent of sales determines the amount of the astg eny based on the amout ted for d Dubd. The amount entimated of sales. oance for Doubeul Accounts equal to that aatimated by the aging achedule