At the end of the current year, Accounts Receivable has a balance of $123,120 Allowance for Doubtful Accounts has a credit balance of $ 660 and sales for the year total $935,000. An analysis of the receivable estimates that $11,000 will not be collected.

a. Determine the amount of the adjusting entry for estimated bad debts. Amont in Adjusting Entry

b. Determine the adjusted balances of Accounts Receivable, Allowance for Doubtful Accounts, and Bad Debt Expense. Balance in Accounts Receivable Balance in Allowance for Doubtful Accounts Balance in Bad Debt Expense

c. Determine the net realizable value of accounts receivable. Net Realizable Value on Balance Sheet