Providing for Doubtful Accounts At the end of the current year, the accounts receivable account has a debit balance of $1,191,000 and sales for the year total $13,510,000. The allowance

Providing for Doubtful Accounts At the end of the current year, the accounts receivable account has a debit balance of $1,191,000 and sales for the year total $13,510,000. The allowance account before adjustment has a credit balance of $16,100. Bad debt expense is estimated at 3/4 of 1% of sales. The allowance account before adjustment has a credit balance of $16,100. An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $51,500. The allowance account before adjustment has a debit balance of $7,000. Bad debt expense is estimated at 1/4 of 1% of sales. The allowance account before adjustment has a debit balance of $7,000. An aging of the accounts in the customer ledger indicates estimated doubtful accounts of $58,100. Determine the amount of the adjusting entry to provide for doubtful accounts under each of the assumptions (a through d) listed above. a. $ b. $ c. $ d. $

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