t the end of the current year, Accounts Receivable has a balance of $285,000; Allowance for Doubtful Accounts has a credit balance of $9,000; and net sales for the year total $463,000. Using the aging of receivables method, the balance of the Allowance for Doubtful Accounts is estimated as S50,000. 2. A Determine the following: a. Using the Percent of Sales Method and 1% of net sales, what is the amount of the adjusting entry for uncollectible accounts? b. Using the Analysis of Receivables Method, what is the amount of the adjusting entry for uncollectible accounts