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At the end of the current year, Accounts Receivable has a balance of $ 4 , 3 7 5 , 0 0 0 ; Allowance
At the end of the current year, Accounts Receivable has a balance of $; Allowance for Doubtful Accounts has a debit balance of $; and sales for the year total $ Using the aging method, the balance of Allowance for Doubtful Accounts is estimated as $
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.
Accounts Receivable
Allowance for Doubtful Accounts
$
Bad Debt Expense
$
c Determine the net realizable value of accounts receivable.
s
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