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Percent of Sales Method At the end of the coment yeat, funt cable has a balance of $543,000, Alowance for boubtful Accounts has a

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Percent of Sales Method At the end of the coment yeat, funt cable has a balance of $543,000, Alowance for boubtful Accounts has a debit balance of $5,000; and sales for the year total $2,880,000, addict expense is estimated at 1/4 of 1% of sales Determine the amount of the testing entry for uncollectible accounts b. Determine the adjusted balances of Accounts Receivable, Allowance for Doubth Accounts, and Bad Debt Expense Accounts Receivable Allowance for DoubtfulAccount Bad Debt Expense h. Under the part of a mod the amount of the abutment is the amount eated for Bed Detex femember that not reliable value is the amount that is expected to be co

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