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1 to 30 31 to 60 61 to 90 Over 90 $635,000 $409,000 $103,000 $49,000 31,000 $43,000 31 Percent uncollectible 21 81 11% a. Complete
1 to 30 31 to 60 61 to 90 Over 90 $635,000 $409,000 $103,000 $49,000 31,000 $43,000 31 Percent uncollectible 21 81 11% a. Complete the below table to calculate the estimated balance of Allowance for Doubtful Accounts using the aging of accounts receivable method. b. Prepare the adjusting entry to record Bad Debts Expense using the estimate from part a. Assume the unadjusted balance in the Allowance for Doubtful Accounts is a $4,900 credit. c. Prepare the adjusting entry to record bad debts expense using the estimate from part a. Assume the unadjusted balance in the Allowance for Doubtful Accounts is a $1.400 debit. Complete this question by entering your answers in the tabs below. Req A Req B and C Complete the below table to calculate the estimated balance of Allowance for Doubtful Accounts using the aging of accounts receivable method. Not due: 1 to 30 31 to 60 61 to 90 Over 90 Estimated balance of allowance for uncollectibles Req B and c
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