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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 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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