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Percent of 5ales Method At the end of the current veor, Acosunts Receivabie has a balance of 5485,000 . Alowance for Doibthul Mccounts has a debit botance of $4,500; and sales for the vear total 52 , 180,000. 6od debi expente is extimsted at 1/2 of 1% of sales 3. Determine the armount of the adfusting eitry lor uncolicctible accoonts. x 6. Determine the sdjusted balances of Acreunts Receivatic, Nlowance fr Dovbtul Accounts, and Bad Debc Expense. x TCen 1 wion ahyus of becerablen Hentod seing wettiod, the bulence on Alowance for Dovbthil Accounts is evimeted as 315,200 . 2. betermine the steunt of the wajching entry tar uncobectble sccounti. At the end of the current yeac, the accounks recebvable account has a debit balance of $6,600,000 and sales for the year total $81,500,000 a. The allowance account before adjustment has a debit balance of 568,250 . Bad debt expense is estimated at M of 1% of sales. b. The allowance account before adjustment has a debit balance of $68,250. An aging of the accounts in the customer ledger indicates estimated doubthat accountr of $575,000. c. The allowance account befare adjustment has a credit balance of $45,000. Bed debt expense is estimated at h of 1% of sales. d. The allawence account before adjustment has a credt balance of $45,000. An aging of the accounts in the customer ledger indicates estimsted doubeful accounts of 5450,000 . Determine the amount of the adjosting entry to provide for doubtfil accounts under each of the assumptions (a through d) listed above

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