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At the end of the current yeac, Accounts Receivable has a balance of $189,400; Allowance for Doubtful Accounts has a debit balance of $3,823; and

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At the end of the current yeac, Accounts Receivable has a balance of $189,400; Allowance for Doubtful Accounts has a debit balance of $3,823; and sales for the year total $1,028,000. Bad debt expense is estimated at 1% of sales, a. Determine the amount of the adjusting entry for bad debt expense. b. Determine the adjusted balances of Accounts Receivabla, Allowance for Doubtful Accounts, and Bad Debt Expense. c. Detemine the net realizable value of accounts receivable

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