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At the end of the current year, Accounts Receivable has a balance of $785,000; Allowance...

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Accounting

At the end of the current year, Accounts Receivable has a balance of $785,000; Allowance for Doubtful Accounts has a debit balance of $7,000; and sales for the year total $3,530,000. Using the aging method, the balance of Allowance for Doubtful Accounts is estimated as $30,800.
a. Determine the amount of the adjusting entry for uncollectible accounts.
fill in the blank 1 of 1$
b. Determine the adjusted balances of Accounts Receivable, Allowance for Doubtful Accounts, and Bad Debt Expense.
Line Item Description Amount
Accounts Receivable $fill in the blank 2
Allowance for Doubtful Accounts $fill in the blank 3
Bad Debt Expense $fill in the blank 4
c. Determine the net realizable value of accounts receivable

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