1. If uncollectible accounts are determined by the percent-of-sales method to be 5 percent of net credit sales, what is the bad debt expense for 2023? 2. If uncollectible accounts are determined by the aging of receivables to be $3,900, what is the amount of net accounts receivable after adjusting entries for 2023? 1. If uncollectible accounts are determined by the percent-of-sales method to be 5 percent of net credit sales, what is the bad debt expense for 2023? Accounts receivable, January 1, 2023 Allowance for doubtful accounts, December 31, 2023, prior to adjustment Net credit sales during 2023 Collections on account during 2023 Cash sales during 2023 $ 25,000 1,100 235,000 90,000 37,000