Question: i need help! how do i do this? At the end of the current year, Accounts Receivable has a balance of $763,290; Allowance for Doubtful

i need help! how do i do this?

At the end of the current year, Accounts Receivable has a balance of $763,290; Allowance for Doubtful Accounts has a credit balance of $6,953; and credit sales for the year total $2,381,000. Bad debt expense is estimated at 1/2 of 1% of credit sales. a. Determine the amount of the adjusting entry for bad debt expense. $ b. Determine the adjusted balances of Accounts Receivable, Allowance for Doubtful Accounts, and Bad Debt Expense. c. Determine the net realizable value of accounts receivable. $

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