Problem G Berta Companys estimates uncollectible accounts at 1.5% of total net sales. Total net sales for the year were $230,000; receivables at year-end were $530,000; and the Allowance for Doubtful Accounts had a zero balance.

Requirements:

Compute the estimated uncollectible accounts at the end of the fiscal using Allowance for Doubtful Account, and record this entry in the general journal,

What is the balance of accounts receivable, net?