Set: Module Four- / X - Google S... akeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSession Locator=&inprogress=false CQ Researcher A-Z Databases Basic Search: EBSC... Basic Searc Show Me How < eBook mySNHU Login Percent of Sales Method CengageNOWv2 | Online teachin X At the end of the current year, Accounts Receivable has a balance of $820,000; Allowance for Doubtful $7,500; and sales for the year total $3,690,000. Bad debt expense is estimated at 1/4 of 1% of sales. a. Determine the amount of the adjusting entry for uncollectible accounts. $ Accounts Receivable b. Determine the adjusted balances of Accounts Receivable, Allowance for Doubtful Accounts, and Bad Allowance for Doubtful Accounts Bad Debt Expense $ + $ 820,000 16,725 c. Determine the net realizable value of accounts receivable. 803,275