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#2 please help fill chart out & try not to cut any info off in the pic, thanks Blackhorse Productions, Incorporated, used the aging of

#2 please help fill chart out & try not to cut any info off in the pic, thanks
image text in transcribed
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Blackhorse Productions, Incorporated, used the aging of accounts receivable method to estimate that its Allowance for Doubtful Accounts should be $22,150. The account had an unadjusted credit balance of $11,200 at that time a. The appropriate bad debt adjustment was recorded. b. Later, on account receivable for $2,200 was determined to be uncollectible and was written off. 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.) Liabilities a b Assots Allowance for Doubtful Accounts Accounts Receivable Allowance for Doubtful Accounts 10.950 (1.300) 1,3001 b faccounts receivable method to estimate that its Allowance for Doubtful usted credit balance of $11,200 at that time. ed to be uncollectible and was written off. nd direction (+ for increase or - for decrease) of effects on the financial on (Enter any decreases to Assets, Liabilities, or Stockholders Equity with Liabilities Stockholders' Equity .950 www 300): 300

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