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Bercent of Sales Method At the end of the current year, Accounte Receivabie has a baiance of 1415,000 , Allowance for Doubuul Acceuints has a

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Bercent of Sales Method At the end of the current year, Accounte Receivabie has a baiance of 1415,000 , Allowance for Doubuul Acceuints has a debit batance of 53 , 500, and saies for the yoar total 11,870,000, Bad debt expense is estimated at 1/4 of 1% of sains. Determinn the ameunt of the adjusting entry for uncoliectible accounts. b. Determine the adjusted balances of Accounts Receivable, Alowance for Doubeful Accounts, and Bad Debt Expense. c. Determine the netrealiable value of accounts receivable. x

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