Analysis of receivables method method, the balance of Allowance for Doubtful Accounts is estimated as $$225,000.$

a$.$ Determine the amount of the adjusting entry for uncollectible sccounts

$$

b$.$ Determine the adjusted balances of Accounts Receivable, Allowance for Doubtful Accounts, and Bad Debt Experise.

Accounts Receivable

Allowance for Doubtful Accounts

Bad Debt Expense

$$

$$ x

$$

c$.$ Determine the net realizable value of accounts recelvable.

$ $q,x$

Feedhack

TCied My Work

The anatysis of receivables method is based on the assumption that the longer an account recelvable is outstanding the less likely that it will be collected.

The amount of the adjusting entry is the amount that will yield an adjusted balance for Allowance for Doubtful Accounts equal to the estimated botancet

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