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Perent of Sales Method At the end of the current year, Asus cave has a balance of $2,150,000, Aace he Double Aunts has a debit
Perent of Sales Method At the end of the current year, Asus cave has a balance of $2,150,000, Aace he Double Aunts has a debit balance of $10,500; and sales for the year total $51.850.000 ad Dest Expense is estimated at 1/4 of 1% of a. Determine the amount of the adjusting entry for unelect accounts b. Determine the tuted balances of Accounts Receive, Alamance for Doubtful Accounts, and Bad Debt Expen Accounts Receivab Allowance for Doubtful Accounts Bad Debt Expense Determine the net rebi wue of accounts receivable Percent of Sales Method At the end of the current year, Aims Receivable has a balance of $2,150,000; Allowance for Douma Accounts has a debit balance of $10,500; and sales for the year total $51,850,000. Bad Debt Expense is estimated at 1/4 of 1% a. Determine the amount of the adjusting entry for uncollectible accoun b. Determine the adjusted balances of Accounts Receivable, Alowance for Doubtful Accounts, end Bad Debt Expense Accounts Receivable Allowance for Doubtful Accounts Bed Debt Expense Determine the net ralizable value of accounts receivable
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