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Providing for doubtful accounts At the end of the current year, the accounts receivable account...

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Providing for doubtful accounts At the end of the current year, the accounts receivable account has a debit balance of $2,041,000 and sales for the year total $28,560,000. Determine the amount of the adjusting entry to provide for doubtful accounts under each of the following assumptions The allowance account before adjustment has a debit balance of $13,900. Bad debit expensis estimated at 1/2 of 15 of sales The allowance account before adjustment has a debit balance of $13,900. An aging of the accounts in the customer ledger indicates estimated doubtfaloccounts of $29,020 The allowance account before adjustment has a credit balance of $6,900. Bad debt expense is estimated at /4 of 15 of sales d. The allowance account before adjustment has a credit balance of $6,900. An aging of the accounts in the customer ledger indicates estimated doubtful counts of $57,200 This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below D Open spreadsheet Round your answers to the nearest dollar bs 43,720 50,400 Previous Nee

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