Question 19 of 39 View Policies Current Attempt in Progress < Indigo Corporation uses the percentage-of-receivables basis to record bad debt expense. Accounts receivable (ending balance) Allowance for doubtful accounts (unadjusted) $510,000 (debit) 3,300 (debit) The company estimates that 2% of accounts receivable will become uncollectible. -/3 (a) Prepare the adjusting journal entry to record bad debt expense for the year. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit eTextbook and Media List of Accounts Save for Later Attempts: 0 of 4 used Submit Answer (b) What is the ending (adjusted) balance in Allowance for Doubtful Accounts? (Post entries in the order of journal entries posted in the previous part) eTextbook and Media List of Accounts Save for Later (c) What is the cash (net) realizable value? Cash (net) realizable value $ eTextbook and Media List of Accounts Save for Later Allowance for Doubtful Accounts Attempts: 0 of 4 used Submit Answer Attempts: 0 of 4 used Submit Answer