eBook Percent of Sales Method Show Me How At the end of the current year, Accounts Receivable has a balance of $525,000; Allowance for Doubtful Accounts has a credit balance of $4,500, and sales for the year total a. Determine the amount of the adjusting entry for uncollectible accounts. b. Determine the adjusted balances of Accounts Receivable, Allowance for Doubtful Accounts, and Bad Debt Expense. Accounts Receivable Allowance for Doubtful Accounts Bad Debt Expense c. Determine the net realizable value of accounts receivable. cator Bonprogress-false $525,000; Allowance for Doubtful Accounts has a credit balance of $4,500; and sales for the year total 12,260,000 bad debt expence is estimated at 1/4 of 1% of sales ccounts. ance for Doubtful Accounts, and Bad Debt Expense