5 Question 1 - Ch 5A Extra HW NR X G The following information is avail X *FACC Mid-term Review 89.pdf - 8 x + X C A ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/q... Q [ * Apps A Official Atlanta Brav... 3 D2L S Owl Express |Connect A ALEKS Math Test 4 Notes.docx CH. 24 Notes.docx Pearson @ Flipgrid Q Acct. Ch.1 Flashcard.. Reading list Ch 5A Extra HW NRV & UAE Saved Help Save & Exit Submit Check my work The following information is available for Quality Book Sales's sales on account and accounts receivable: 2.5 Accounts Receivable Balance, January 1, Year 2 $ 78,500 points Allowance for Doubtful Accounts, January 1, Year 2 4,710 Sales on Account, Year 2 550, 000 Collections of Accounts Receivable, Year 2 556, 000 00:43:32 After several collection attempts, Quality Book Sales wrote off $2,850 of accounts that could not be collected. Quality Book Sales Book estimates that 0.5 percent of sales on account will be uncollectible. Print Required References a. Compute the following amounts: (1) Using the allowance method, the amount of uncollectible accounts expense for Year 2. (2) Net realizable value of receivables at the end of Year 2. 1 . Uncollectible accounts expense 2 . Net realizable value Mc Graw Prey 1 of 2 Next > Hill