At the end of the current year, Accounts Receivable has a balance of $705,000, Allowance for Doubtful Accounts has a credit balance of $6,500, and sales for the year total $3,170,000. Bad debt expense is estimated at 1.1% of sales.

a. Determine the amount of the adjusting entry for uncollectible accounts. $fill in the blank

b. Determine the adjusted balances of Accounts Receivable, Allowance for Doubtful Accounts, and Bad Debt Expense. Adjusted Balance Debit (Credit)

Accounts Receivable $fill in the blank

Allowance for Doubtful Accounts $fill in the blank

Bad Debt Expense $fill in the blank 4

c. Determine the net realizable value of accounts receivable. $fill in the blank 5