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What is the ending (adjusted) balance in Allowance for Doubtful Accounts? (Post...

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Accounting

What is the ending (adjusted) balance in Allowance for Doubtful Accounts? (Post entries
in the order of journal entries posted in the previous part)
Allowance for Doubtful AccountsIvanhoe Company uses the percentage-of-receivables basis to record bad debt expense.
Accounts Receivable (Ending Balance) $576000(debit)
Allowance for doubtful accounts (Unadjusted) $5200(debit)
The company estimates that 2% of accounts receivable will become uncollectible.
b) What is the ending (adjusted) balance in Allowance for Doubtful Accounts?
c) What is the cash (net) realizable value?
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