Exam - Online Version Compatibility Mode Last Modified: 1h ago gn Layout References Nuria Abdulkadir Mailings Review View Developer Help 11 3 A A Aa A 5 Heading 6 Normal No Spacing Editi x, x AA D Font Paragraph 15 3 4 Styles 5 6) At the end of the current year, Accounts Receivable has a balance of $1,400,000, Allowance for Doubtful Accounts has a debit balance of $2,250, and net sales for the year total $9,500,000. Bad debt expense is estimated at 1/2 of 1% of net sales. Determine (1) the amount of the adjusting entry for uncollectible accounts. (2) the adjusted balances of Accounts Receivable, Allowance for Doubtful. Accounts, and Bad debt Expense; and (3) the net realizable value of accounts receivable. (10 MARKS)