Percent of sales method At the end of the cumrent year, Accounts Receivable has a balance of 5555,000 ; Aliowance for Doubthal Accounti has a debit balance of $5,000; and sales for the vear total \$2,500,000. Bad debk expense is estimated at $/4 of 1% of sales. a. Determine the amcunt of the adjusting entry for uncollectible accounts. b. Deterenine the adjusted balances of Accounts Recelvable, Aliowance for Doubthul Accounts, and Bad Debt Expense. Determine the netreailzabe value of accounts receivable