Percent of Sales Method At the end of the current year, Accounts Receivable has a balance of $520,000; Allowance for Doubtful Accounts has a credit balance of $4,500; and sales for the year total $2,340,000. Bad debt expense is estimated at 3/4 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 Doubtful Accounts, and Bad Debt Expense. Adjusted Balance Debit (Credit) Accounts Receivable Allowance for Doubt Accounts Bad Debt Expense c. Determine the nea be value of accounts receive