Uncollectible Accounts) Before the adjusting entry at the end of the period: Accounts Receivable totaled $200,000 and The Allowance Account had a Debit Balance of $5,000. If 1% of net sales ($700,000) are estimated to be uncollectible and the Aging Schedule estimates uncollectible accounts to be $2,000. Calculate the following 1. The Bad Debt Expense using the Aging Method. 2. The balance in the Allowance Account after the adjusting entry using the Percentage of Sales. 3. Net Receivable using Aging Method If the Allowance Account had a Credit Balance of $5,000. 4. Bad Debt Expense using the Percentage of Sales Method The balance in the Allowance Account after the adjusting entry using the Aging Method. 6. Net Receivables using Percentage of Sales