Q1.

4%

Q2. 12%

Q3. 8%

a. b. c. d.
Bad Expense 501,000 493,000 334,000 350,000
Provisions for Doubtful Accounts 501,000 493,000 334,000 350,000

Q4. 6%

Q5. a. 30%

Apr. 13 Bad Debt Expense 8,450

Accounts Receivable—Dean Sheppard 8,450

May 15 Cash 500
Bad Debt Expense 6,600
Accounts Receivable—Dan Pyle 7,100
July 27 Accounts Receivable—Dean Sheppard 8,450
Bad Debt Expense 8,450
27 Cash 8,450
Accounts Receivable—Dean Sheppard 8,450
Dec. 31 Bad Debt Expense 13,510
Accounts Receivable—Paul Chapman 10,000
Accounts Receivable—Duane DeRosa 3,510
31 No entry
b. 30%

Apr. 13 Provision for Doubtful Accounts 8,450

Accounts Receivable—Dean Sheppard 8,450
May 15 Cash 500
Provision for Doubtful Accounts 6,600
Accounts Receivable—Dan Pyle 7,100
July 27 Accounts Receivable—Dean Sheppard 8,450
Provision for Doubtful Accounts 8,450
27 Cash 8,450
Accounts Receivable—Dean Sheppard 8,450
Dec. 31 Provision for Doubtful Accounts 13,510
Accounts Receivable—Paul Chapman 10,000
Accounts Receivable—Duane DeRosa 3,510
31 Bad Debt Expense 28,335
Provision for Doubtful Accounts 28,335
Uncollectible accounts estimate
($3,778,000 × 0.75% = $28,335).

C. 10%