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2 Blackhorse Productions, Incorporated, used the aging of accounts receivable method to estimate that its Allowance for Doubtful Accounts should be $19.950. The account had

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2 Blackhorse Productions, Incorporated, used the aging of accounts receivable method to estimate that its Allowance for Doubtful Accounts should be $19.950. The account had an unadjusted credit balance of $10,100 at that time. a. The appropriate bad debt adjustment was recorded b. Later, an account receivable for $1,100 was determined to be uncollectible and was written off. 6 Boints BOOK Required: For each transaction listed above, indicate the amount and direction (+ for increase or - for decrease) of effects on the financial statement accounts and on the overall accounting equation (Enter any decreases to Assets, Liabilities, or Stockholders Equity with a minus sign) PM Heferences Assets Liabilities 2 ccounts receivable method to estimate that its Allowance for unadjusted credit balance of $10,100 at that time. o be uncollectible and was written of 16 points ebook direction (+ for increase or - for decrease) of effects on the equation (Enter any decreases to Assets, Liabilities, or Pent References Liabetes Stockholders' Equity

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