Percent of Sales Method At the end of the current year, Accounts Receivable has a balance of $435,000; Allowance for Doubtful Accounts has a credit balance of $4,000; and net sales for the year total $1,960,000. Bad debt expense is estimated at 1.25% of net sales. Determine the amount of the adjusting entry for uncollectible accounts. $ Determine the adjusted balances of Accounts Receivable, Allowance for Doubtful Accounts, and Bad Debt Expense. Accounts Receivable $ Allowance for Doubtful Accounts $ Bad Debt Expense $ Determine the net realizable value of accounts receivable. $