Percent of Sales Method At the end of the current year, Accounts Receivable has a balance of $580,000 Allowance for Doubtful Accounts has a debit balance of $5,000 and sales for the year total $2,610,000 Bad detit expense is estimated at 1 4 of 1 of sales 1 Determine the amount of the adjusting entry for uncollectible accounts 2 Determine the adjusted balances of Accounts Receivable, Allowance for Doubtful Accounts, and Bad Debt Expense Accounts Receivable Allowance for Doubtful Accounts Bad Debt Expense 3 Determine the net realizable value of accounts receivable Check My Work more Check My Work uses remaining Previous Next

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Percent of Sales Method At the end of the current year, Accounts Receivable has a balance of $580,000  Allowance for Doubtful Accounts has a debit balance of $5,000  and sales for the year  total $2,610,000  Bad detit expense is estimated at 1 4 of 1  of sales  1  Determine the amount of the adjusting entry for uncollectible accounts  2  Determine the adjusted balances of Accounts Receivable, Allowance for Doubtful Accounts, and Bad Debt Expense  Accounts Receivable Allowance for Doubtful Accounts Bad Debt Expense 3  Determine the net realizable value of accounts receivable  Check My Work more Check My Work uses remaining Previous Next

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Percent of Sales Method At the end of the current year, Accounts Receivable has a balance of $580,000; Allowance for Doubtful Accounts has a debit

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