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At the end of the current year, Accounts Receivable has a balance of $3,460,000; Allowance for Doubtful Accounts has a debit balance of $12,500; and

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At the end of the current year, Accounts Receivable has a balance of $3,460,000; Allowance for Doubtful Accounts has a debit balance of $12,500; and sales for the year totel $46,300.000. Bad Delod Expesse is estimated ath of 1% of sales. a. Determine the amount of the adjusting entry for uncollectible accounts b. Determine the acjusted balances of Accounts Recelvable, Allowance for Doubtful Accounts, and Bad Debt Expense. Accounts Receivable Allowance for Doubtful Accounts Bad Debt Expense Determine the net realizable value off accounts receivable

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