A supply curve: a. illustrates the positive relationship between price and quantity supplied. b. has a negative slope. c. is based on the assumption of a stable demand curve. d. illustrates the negative relationship between price and quantity supplied

At the end of the current year, accounts receivable has a balance of $550,000; allowance for doubtful accounts has a credit balance of $5,500; and sales for the year total $2,500,000. an analysis of receivables estimates uncollectible receivables as $25,000. determine the net realizable value of accounts receivable after adjustment. (hint: determine the amount of the adjusting entry for bad debt expense and the adjusted balance of allowance of doubtful accounts.)