Ch 9-2 Practice Exercises eBook Show Me How Calculator Print Item 1. PE.09-01 ALGO Analysis of Receivables Method 2. PE.09-02. ALGO At the end of the current year, Accounts Receivable has a balance of $670,000; Allowance for Doubtful Accounts has a debit balance of $6,000; and sales for the year total $3,020,000. Using the aging method, the balance of Allowance for Doubtful Accounts is estimated as $26,400. 3. PE.09-03. ALGO a. Determine the amount of the adjusting entry for uncollectible accounts. 4. PE.09-04. ALGO b. Determine the adjusted balances of Accounts Receivable, Allowance for Doubtful Accounts, and Bad Debt Expense. 5. PE.09-05. ALGO Accounts Receivable Allowance for Doubtful Accounts Bad Debt Expense c. Determine the net realizable value of accounts receivable. -6