Presented below is an aging schedule for Bosworth Company

At December 31, 2013 the unadjusted balance in allowance for doubtful accounts is a credit of $6,900

Journalize the adjusting entry for bad debts at December 31,2013(credit account titles are automatically intended when amount

Post the adjust entry for bad debts at December 31,2013

Journal the 2014 transactions: (Credit account titles are automatically indented when amount is entered. Do not indent

1. March 1, a $820 customer balance originating in 2013 is judged uncollectible.

2. May 1, a check for $820 is received from the customer whose account was written off as uncollectible on March 1.

Post to the allowance account these 2014 events. (Post entries in the order 0f journal entries posted in the previous part.)

Journalize the adjusting entry for bad debts at December 31, 2014 assuming that the unadjusted balance in Allowance for Doubtful indicates that total estimated bad debts will be $41,000. (Credit account titles are automatically indented when amount is entered)

Customer Aneesh Bird Cope DeSpears Others Estimated percentage uncollectible Total estimated bad debts Total $ 23,600 33,200 56,600 45,800 150,900 $310,100 $ 50,821 Not Yet Due $ 33,200 8,400 87,700 $129,300 5% $ 6,465 1-30 $ 8,600 8,700 Number of Days Past Due 61-90 7% $4,438 31-60 $15,000 46,100 17,100 $63,400 $32,100 10% $3,210 $39,500 $39,500 28% $ 11,060 Over 90 $45,800 $45,800 56% $25,648 2013 2014 Allowance for Doubtful Accounts 12/31 Bal. 12/31 12/31 Bal. 6,900 43,921 50,821