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?Analysis of Receivables Method At the end of the current year, Accounts Receivable has a balance of $ 8 5 5 , 0 0 0
?Analysis of Receivables Method
At the end of the current year, Accounts Receivable has a balance of $; Allowance for Doubtful Accounts has a debit balance of $; and sales
for the year total $ ?Using the aging method, the balance of Allowance for Doubtful Accounts is estimated as $
a ?Determine the amount of the adjusting entry for uncollectible accounts.
$
b ?Determine the adjusted balances of Accounts Receivable, Allowance for Doubtful Accounts, and Bad Debt Expense.
c ?Determine the net realizable value of accounts receivable.
$
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