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Novakowski Products needs to prepare their year-end financial statements. On December 31, 2021, the balance in Accounts Receivable was $680,000. An aging analysis of the accounts receivable indicated that $16,500 of the accounts receivable is expected to be uncollectible. Instructions ) Prepare the adjusting entries to record estimated ba Q debt expense using the percentage of receivables approach for each independent assumption: _)Allowonce for Doubtful Accounts has a credit balance of $3,200 before | adjustment. ,_)Allowonce for Doubtful Accounts has a debit balance of $730 before H adjustment. 2021 after the required adjustments under each assumption,