BE 8-4 Analysis of receivables method Obj. 4 At the end of the current year, Accounts Receivable has a balance of $2,150,000; Allowance for Doubtful Accounts has a debit balance of $10,500; and sales for the year total $51,850,000. Using the aging method, the balance of Allowance for Doubtful Accounts is estimated as $110.000. Determine (A) the amount of the adjusting entry for uncollectible accounts; (B) the adjusted balances of Accounts Receivable, Allowance for Doubtful Accounts, and Bad Debt Expense; and (c) the net realizable value of accounts receivable. SOWHOW BE 8-4 Analysis of receivables method Obj. 4 At the end of the current year, Accounts Receivable has a balance of $2,150,000; Allowance for Doubtful Accounts has a debit balance of $10,500; and sales for the year total $51,850,000. Using the aging method, the balance of Allowance for Doubtful Accounts is estimated as $110,000. Determine (A) the amount of the adjusting entry for uncollectible accounts: (B) the adjusted balances of Accounts Receivable. Allowance for Doubtful Accounts, and Bad Debt Expense; and (0) the net realizable value of accounts receivable