Question 1 4 pts The Lowery Co. uses the direct write-off method of accounting for uncollectible accounts receivable. Lowery has a customer whose accounts receivable balance has been determined to likely be uncollecttible. The entry to write off this account would be which of the following?: debit Bad Debt Expense; credit Allowance for Doubtful Accounts debit Bad Debt Expense; credit Accounts Receivable debit Sales Returns and Allowance, credit Accounts Receivable debit Allowance for Doubtful Accounts; credit Accounts Receivable Question 2 4 pts After the accounts are adjusted and closed at the end of the fiscal year, Accounts Receivable has a balance of $460,000 and Allowance for Doubtful Accounts has a balance of $30,000. What is the net realizable value of the accounts receivable? O$460,000 $30,000 $430,000 O$490,000