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Percent of Sale Method At the end of the current ye, Accounts Receivable has balance of $415,000Allance for Ants has a de balance of $5.500,

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Percent of Sale Method At the end of the current ye, Accounts Receivable has balance of $415,000Allance for Ants has a de balance of $5.500, and was for the Sodbe expected at 1/4 of 1 of sales .. Determine the amount of the adjusting entry for collectible accounts bs. Detmine the adjusted balance of Accounts Receivable, Allowance for Doublul Accounts, and Babies nccounts Receivable 415,000 Allowance for Doubtful Accounts 8,175 X Bad Debt Essense 4,6757 c. Determine the net ble value of accounts receivable 406,825 x

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