QUESTION 1 On December 31, 2018, Ava Company had an ending balance of $9,323 in its accounts receivable account and an unadjusted (current) balance in its allowance for doubtful accounts account of...

Extracted text: QUESTION 1 On December 31, 2018, Ava Company had an ending balance of $9,323 in its accounts receivable account and an unadjusted (current) balance in its allowance for doubtful accounts account of $165.Ava estimates uncollectible accounts expense to be 9% of receivables. Based on this information, the amount of uncollectible accounts expense shown on the 2018 income statement is $ QUESTION 2 Duncan Corporation uses two aging categories to estimate uncollectible accounts. Accounts less than 60 days are considered young and have a 6% uncollectible rate. Accounts more than 60 days are considered old and have a 37% uncollectible rate. Duncan's Allowance for doubtful accounts currently has an unadjusted credit balance of $3,000. If Duncan has $59,700 of young accounts and $8,000 of old accounts, how much should be reported in the adjusted Allowance for doubtful accounts?