pare adjusting journal entries for the following independent situations and indicate the net realizable Value (NVR) of the accounts receivable after the adjustment in the space provided: The Allowance for Doubtful Accounts has a $700 credit balance prior to adjustment. Net credit sales during the year are $425,000 and 4% are estimated to be uncollectible. The Allowance for Doubtful Accounts has a $400 debit balance prior to adjustment. Based on an aging schedule of accounts receivable prepared on December 31, $11,800 of accounts receivable are estimated to be uncollectible. Journal Entry: Net Realizable Value c. The Allowance for Doubtful Accounts has a $900 credit balance prior to adjustment. Based on an aging schedule of accounts receivable prepared on December 31, $14,500 of accounts receivable are estimated to be uncollectible. Journal Entry: Net Realizable Value d. The Allowance for Doubtful Accounts has a $300 debit balance prior to adjustment. Net credit sales during the year are $550,000 and 3% are estimated to be uncollectible. Journal Entry: Net Realizable Value