. Journal Entry At the end of the current year, Accounts Receivable has a balance of $500,000: Allowance for Doubtful Accounts us a credit balance of $4,300 and sales for the year fotal $3,500,000 26 A ONO A Prepare the required adjusting entry assuming bad debt expense is estimated at 2% of total sales 27 34 RARNAR Date 31-Dec Description Type your awes What is the net relicate value of accounts geivable after the entry from part yours Dee 01-0 Debit Credit Scott 3 At the end of the current year, Accounts Receivable has a balance of $500,000; Allowance for Doubtful Accounts has a credit balance of $4.300, and sales for the year total $3,500,000. + 26 4 points 10 11 27 12 A. Prepare the required adjusting entry assuming bad debt expense is estimated at 2% of total sales Date 31-Dec Description Debit Credit type your answer. type your answer.. type your answer. type your answer. B. What is the net realizable value of accounts receivable after the entry from part A type your awes Prepare the required adjusting entry assuming an analysis of receivables indicates 39.800 of uncollectible accoun 33 14 28 15 Oute 14 35 Dec 17 1 19 29 Description type your we Debit be your ar Credit Submit