allowance for uncollectible accounts has a credit balance of $5,000 (before adjustment). An analysis of accounts receivable produced the following age groups: (Click the icon to view the accounts receivable aging information.) The adjusting entry for bad debt expense was made in the amount of $7,150. What is the amount of the net receivables on the balance sheet? The net receivables on the balance sheet ares Accounts receivable aging information Current ............ $ 120,000 60 days past due . 147,000 Over 60 days past due. 3,000 $ 270,000 Time Remaining: 00:37:38