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At the end of the current year, Accounts Receivable has a balance of $712,680; Allowance for Doubtful Accounts has a credit batance of $5,415; and

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At the end of the current year, Accounts Receivable has a balance of $712,680; Allowance for Doubtful Accounts has a credit batance of $5,415; and credt sales for the year total $2,936,000. Bod debt expense is estimated at 1/2 of 1% of credit safes. a. Determine the amount of the adjusting entry for bad debt expense. 4 b. Determine the adjusted balances of Accounts Receivabie, Allowance for Doubtful Accounts, and Bad Debt Expense. c. Determine the net realizable value of accounts receivable

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