Using the percentage-of-receivables method for recording bad debt expense, estimated uncollectible accounts are $57000. If the balance of the Allowance for Doubtful Accounts is an $11400 debit before adjustment, what is the balance after adjustment?

$57000

$11400

$68400

$45600

2. In reviewing the accounts receivable, the cash receivable value is $25000before the write-off of a $1000account. What is the cash receivable value after the write-off?

$25000

$1000

$26000

$24000

3. n 2022 theKingbird, Inc.had net credit sales of $990000. On January 1, 2022, the Allowance for Doubtful Accounts had a credit balance of $22800. During 2022, $33900 of uncollectible accounts receivable were written off. Past experience indicates that the allowance should be 15% of the balance in receivables (percentage-of-receivables basis). If the accounts receivable balance at December 31 was $239000, what is the required adjustment to the Allowance for Doubtful Accounts at December 31, 2022?

$35850.

$46950.

$58650.

$33900.

4. An analysis and aging of the accounts receivable of Whispering Winds Corp. at December 31 reveal these data:

What is the cash realizable value of the accounts receivable at December 31 after adjustment?

$2551000

$2900000

$3190000

$2841000

DETAILED ASSIGNMENT

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