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Analysis of flecelvables Method At the end of the current year, Accounts Recelvable has a balance of $440,000, Allowance for Doubiful Accounts has a credar

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Analysis of flecelvables Method At the end of the current year, Accounts Recelvable has a balance of \$440,000, Allowance for Doubiful Accounts has a credar tuatance dof $4,060, and udes for the year total \$1,980,000, Using the aging methed, the balance of Allowance for Doubtful Accounts is actimated as 171,600 . a. Determine the amount of the adjusting entry for unsollecible accourts. x b. Determine the adfugted balances of Accounts Receivable. Alowance for Douttul Acoonth, and nad Cubr Dopens. c. Dotarmine the net reaumabie value of accosnte recelvable x The arylyeis if recelvabies method is based on the assimption thak the fonger an account recelvable is outsanding the lius aify that it will se colliects

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