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Analysis of Recelvobles Method At the end of the current year, Accounts Receivable has a balance of 5660,000 ; Allowance for Doubtrut Accounta has a

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Analysis of Recelvobles Method At the end of the current year, Accounts Receivable has a balance of 5660,000 ; Allowance for Doubtrut Accounta has a debit balance of 56,000 ; and sales for the year total $2,970,000. Using the aging method, the balance of Allowance for Doubtful Accounts is estimated as $24,000. 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 recelvable

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