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Test (Chapter 71 ... At the end of the current year, Accounts Receivable has a balance of $110,580; Allowance for Doubtful Accounts has a debit balance of $4,692; and sales for the year total $1,137,000. Bad debt expense is estimated at 3% of sales. a. Determine the amount of the adjusting entry for bad debt expense. 34.110 b. Determine the adjusted balances of Accounts Receivable, Allowance for Doubtful Accounts, and Bad Debt Expense. Adjusted Balance Accounts Receivable 110.580 Alene for Dots Accounts 36,802 Baltepe 34,110 c. Determine the net realizable value of accounts receivable. 76.470 .. Test 4 (Chapter 7-6) CO Entries for notes receivable Chart of Account Instructions vaskes Designs issued a 120.00. The more or ses.20, cated Port 15 Bork Future Company on Required: A Determine the due date of the B. Determines that the note. Anne aday your Round your answer the real Cumarter the lower of the note by Hor Future and receptores et maty Free Chart Acteurs en woning on the Hound you will new det ... Test 4 (Chapter 7-8) Entries for notes receivable Chart of Account First Questions or Determine e de date of these Date A 360 dny par found your answer to me 00 10 .. 15 16 .. 19 25 27 20 30 Entries for notes receivable Instructions Chart of Accounts First Questions Journal C. (1) Journalize the entry to record the receipt of the note by Accounts for exact wording of account titles. Round your ansv JOURNAL DESCRIPTION POST. REF. 1 DATE Apr. 15 Accounts Payable Notes Payable C. (2) Journalize the entry to record the receipt of payment of Accounts for exact wording of account titles. Round your ans JOURNAL DATE DESCRIPTION POST. REF 2 Aug, 13 Notes Payable Interest Payable Cash 1 ceipt of the note by Bork Furniture. Refer to the Chart of es. Round your answer to the nearest dollar. PAGE 1 POST. REY DEBIT CREDIT ACCOUNTING, FOLATION ASSETS LIABILITIES EQUITY 1 65,400.00 65,400.00 1 eceipt of payment of the note at maturity. Refer to the Chart of es. Round your answer to the nearest dollar. PAGE 1 POST. REF DEBIT CREDIT ACCOLTIN BINTI ASSETS LIABILITIES EQUITY + 65,400,00 1,526,00 1 66,926.00