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At the end of the current year, Accounts Receivable has a balance of $535,000; Allowance for Doubtul Accounts has a debit balance of $5,000; and

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At the end of the current year, Accounts Receivable has a balance of $535,000; Allowance for Doubtul Accounts has a debit balance of $5,000; and sates for the vear total $2,410,000. Bod debt expense is estimated at 1/4 of sow of sales. a. Determine the amount of the adjusting entry for uncollectible accounts. x b. Determine the adjusted balances of Accounts Recelvable, Allowance for Doubtful Accounts, and Bad Debt Expense. c. Determine the net realizable value of accounts recelvable. X

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