Percent of Sales Method At the end of the current year, Accounts Receivable has a balance of $485,000; Allowance for Doubtful Accounts has a debit balance of $4,500; and sales for the year total $2,180,000. Bad debt expense is estimated at 1/4 of 1% of sales: a. Determine the amount of the adjusting entry for uncollectible accounts. b. Determine the adjusted balances of Accounts Receivable, Allowance for Doubthul Accounts, and Bad Debt Expense. c. Determine the fet resilabie value of accounts receivabie