at the end of the current year, accounts receivable has a balance of $410,000, allowance for doubtful accounts has a debit balance of $3,500, and sales for the year total $1,850,000. using the aging method, the balance of allowance for doubtful accounts is estimated as $18,900.
a. determine the amount of the adjusting entry for uncollectible accounts. $fill in the blank 1 18,900
b. determine the adjusted balances of accounts receivable, allowance for doubtful accounts, and bad debt expense. accounts receivable $fill in the blank 2 410,000 allowance for doubtful accounts $fill in the blank 3 3,500 bad debt expense $fill in the blank 4
c. determine the net realizable value of accounts receivable.
