MILI) Lake AssignmentMain.do?invoker=&etakeAssignmentSessionLocator=&inprogress=false eBook Show Me How Analysis of Receivables Method At the end of the current year, Accounts Receivable has a balance of $2,450,000, Allowance for Doubtful Accounts has a credit balance of $14.860, and sales for the year total $31,600,000. Using the aging method, the balance of Allowance for Doubtful Accounts is estimated as $250.000, a. Determine the amount of the adjusting entry for un collectible accounts. 235,140 V b. Determine the adjusted balances of Accounts Receivable, Allowance for Doubtful Accounts, and Bad Debt Expense Accounts Receivable $ 340,500 x Allowance for Doubtful Accounts S 250,000 / Bad Debt Expense $ 235,140 c. Determine the net realizable value of accounts receivable. 338,000 X Toyo The analysis of receivables method is based on the assumption that the longer an account receivable latitude the collected The amount of the adjusting entry is the amount that will yield an adjusted balance for Allowance for contract Check My Work 2 more Checkliaining