ouchdowns, Inc, reported the following on its December 31, 2016 balance sheet ccounts Receivable, net of allowance for doubeful accounts of $8.200 71,800 The company makes its adjusting entry $23,000 in accounts receivable were the olewritta off and S2,200 was collected from an account wrinen ff n 2015. An aging of c Estimsated Percent Age Group mouns Uncollectible 43,500 17,400 13,050 8,700 3% 15% 20% 60% 90% 31-60 61-90 91-120 121+ 2. IS661 87,000 2,0122 A. If the company records bad debts as 4.0% of credit sales, what is the adjusting entry? NRVf Adjusting Entry 2740u Bad Dest Expense0 2vs 722 no Nn Net Realizable Value of Accounts Receivable:- B. If the company records bad debts based on the aging analysis, what is the adjusting entry? NRV of AR? Adjusting Entry: llowane ne uotellectible Acconats 260)4I1S 66 /wo- 7 - Net Realizable Value of Accounts Receivable: 615 000 C. What were credit sales during 2017