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Percent of Sales Method At the end of the current ywar, Accounts Ficceivable has ar balance of $1875,000, Aliowance For Douttibl Acoounts has a credit

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Percent of Sales Method At the end of the current ywar, Accounts Ficceivable has ar balance of $1875,000, Aliowance For Douttibl Acoounts has a credit bariance of 18,000 , and sales for the year total $3,940,002. Bad bebt expense in ertirnated of 1/4 et 1 bo of sales. a. Determine the amount of the adjusting enitry for uncollectible accounts. b. Determine the adjusted bblinces of Acrounts Foceivable, Allowance for Boubthul Accounts, and Bad Debt Eipense. c. Determine the net reairabilo value of accourta neceivable

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