2. At the end of the current year, Accounts Receivable has a balance of $90,000; Allowance for Doubtful Accounts has a credit balance of $850; and net sales for the year total $300,000. An aging analysis show that 2.5% of the receivables balance is not collectible. Determine the following: (a) The adjusting entry for Bad Debt expense: (2 pts.) 1 RA Account Debit Credit Ref Account Debit Credit (b) List the Adjusted balances (balances after posting adjustments) of the following: (3 pts.) Accpunts Receivable ...... Allowance for Doubtful Accounts .. Bad Debt Expense...... (c) What is the net realizable value of Accounts Receivable after adjustments? (2 pts.)