Percent of Sales Method At the end of the current year. Acres faces he balance of 8765,000, Allowance for Account asa cred halance of $7,000, and sales for the year 53,440,000. Hat det inte a estimated a. Detent of the adjusting entry for collectible accounts 172 X Determine the used balance of Accounts Receivable. Allowance for Detects, and Bad Debt Adjusted Balance Debit (Credit) Remonts Receivable 765,000 lowance for Doubtful Accounts 7.000 x Bad Debt Expense 172 x Determine the table value of accounts receivable 15,800 x