## Answers

1.

Allowance for Doubtful debts ending balance = $52100x 7% = $3647

Bad Debt expense = $3647 + $7940 = $11587

3. Allowance for Doubtful Debts 12/31/20 = $18060+57090+7530-27110 = $55570

4. Allowance for doubtful debts balance = $85240-23400 = $61840

Accounts Receivable = $875400+61840 = $937240

5.

Allowance for Doubtful debts ending balance = $340400x 3% = $10212

Bad Debt Expense = $13260+10212 = $23472

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