Im/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=f. * * aps kn mykw - Home kw Command w KWECOne Percent of Sales Method At the end of the current year, Accounts Receivable has a balance of $545,000; Allowance for Doubtful Accounts has a debit balance of $5,000; and sales for the year total $2,450,000. Bad debt expense is estimated at 1/4 of 1% of sales. a. Determine the amount of the adjusting entry for uncoliectible accounts. 21,000 b. Determine the adjusted balances of Accounts Receivable, Allowance for Doubtful Accounts, and Bad Debt Expense. Accounts Receivable 24 Allowance for Doubtful Accounts 26,000 Bad Debt Expense 21,000 c. Determine the net realizable value of accounts receivable. 2,424,00 o 08