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Percent of Sales Method At the end of the current year, Accounts Receivable has a balance of $ 6 3 5 , 0 0 0
Percent of Sales Method At the end of the current year, Accounts Receivable has a balance of $; Allowance for Doubtful Accounts has a debit balance of $; and sales for the year total $ Bad debt expense is estimated at of of sales. a Determine the amount of the adjusting entry for uncollectible accounts. $fill in the blank b Determine the adjusted balances of Accounts Receivable, Allowance for Doubtful Accounts, and Bad Debt Expense. Accounts Receivable $fill in the blank Allowance for Doubtful Accounts $fill in the blank Bad Debt Expense $fill in the blank c Determine the net realizable value of accounts receivable. $fill in the blank
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