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Percent of 5 ales Method At the end of the current year, Accounts Receivable has...

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Accounting

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Percent of 5 ales Method At the end of the current year, Accounts Receivable has a baiance of $615,000; Aliowance for Doubtful Accelurta has a debe baiance of ss, s00; acd wies for the year total $2,770,000, Bad debt expense is estimated at 1/4 of 1% of sales. a. Determine the amount of the adjusting entry for uncollectibie accounts. b. Determine the adjusted baiances of Accounts Receivable. Allowance for Doubtful Accounts, and Bad Debt Expense. c. Determine the net realizable value of accounts receivable. $

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