2. Tiaptery - Homework for Marks This Question: 11 Detalesny 20 sen doces de Tende Repent. Complete the aged tons of coca 30,202, Wed the othebox.doostelo) of Account ceva 1:30 31 Cum Dwye 15 Santo Feb 2 Reddin Hot M Samantha Dec.co. 20 Soldiers May hur 2 Nano 61. Tul Becavab 400 200 2. electrocasnice day Theme of the watch 1701 D's corded to be in 2020.gstad? that the 1. Cumhe 20 2. when we day, 155638 1 Showroom 2020. What we pant and the 302 Chose my story number is the outcome Done Li Dental began operations in January 2020 selling dental appliances to dentists. The following transactions occurred during the first six months of operations E (Click the icon to view the transactions.) Required Requirement 1. Complete the aged listing of customer accounts as of June 30, 2020. (If a box is not used in the table, leave the box empty; do not enter a zero.) Age of Accounts Receivable 1-30 31-60 61-90 Over 90 Total Customer Days Days Days Days Receivables Dr Erb 800 800 Dr. Holtz Dr. Kirvin 4,200 Dr. Marks 4,200 7900 7900 Requirement 2. Estimate the Allowance for Doubtful Accounts required at June 30, 2020, assuming the following uncollectible rates 30 days, 2%, 60 days, 4%: 90 days, 15% >90 days 55% The estimate of the Allowance for Doubtful Accounts required at June 30, 2020, is 1709 Requirement 3. Show how Li Dental would report its accounts receivable on its June 30, 2020, balance sheet. What amounts would be reported on an income statement prepared for the six-month period ended June 30, 2020? Balance Sheet (Partial): Accounts receivable.net Requirement 4. If Dr. Erb's account needed to be written off in September 2020, how accurate is Li Dental at estimating its bad debts? Li Dental is normal guidelines for estimating bad debts. It has allowed for delinquent accounts and if it needs of that to absorb the write-off, it have room to allow for any subsequent write-offs. Choose from any list or enter any number in the input fields and then continue to the next question 0 Transactions he n Jan. Feb Mar Apr. May Jun. 15 Sold appliances to Dr. Holtz on account for $31,000; cost $6.800 22 Received payment in full from Dr. Holtz 4 Sold merchandise to Dr. Erb on account for 55.400 cost $1,650. 20 Sold merchandise to Dr. Marks on account for $7.900, cost $3,200. 31 Sold merchandise to Dr. Kirvin on account for $4.200cost $1,200 28 Received $4,600 on account from Dr. Erb. KS he ble na Print Done nel yo x SH i Required bul nel it 1. Complete the aged listing of customer accounts as of June 30, 2020. 2. Estimate the Allowance for Doubtful Accounts required at June 30, 2020, assuming the following uncollectible rates 30 days, 2% 60 days, 4%, 90 days, 15%; >90 days 55%. 3. Show how Li Dental would report its accounts receivable on its June 30, 2020, balance sheet. What amounts would be reported on an income statement prepared for the six-month period ended June 30, 2020? 4. If Dr. Erb's account needed to be written off in September 2020, how accurate is Li Dental at estimating its bad debts? is uel on Print Done Later 2. Tiaptery - Homework for Marks This Question: 11 Detalesny 20 sen doces de Tende Repent. Complete the aged tons of coca 30,202, Wed the othebox.doostelo) of Account ceva 1:30 31 Cum Dwye 15 Santo Feb 2 Reddin Hot M Samantha Dec.co. 20 Soldiers May hur 2 Nano 61. Tul Becavab 400 200 2. electrocasnice day Theme of the watch 1701 D's corded to be in 2020.gstad? that the 1. Cumhe 20 2. when we day, 155638 1 Showroom 2020. What we pant and the 302 Chose my story number is the outcome Done Li Dental began operations in January 2020 selling dental appliances to dentists. The following transactions occurred during the first six months of operations E (Click the icon to view the transactions.) Required Requirement 1. Complete the aged listing of customer accounts as of June 30, 2020. (If a box is not used in the table, leave the box empty; do not enter a zero.) Age of Accounts Receivable 1-30 31-60 61-90 Over 90 Total Customer Days Days Days Days Receivables Dr Erb 800 800 Dr. Holtz Dr. Kirvin 4,200 Dr. Marks 4,200 7900 7900 Requirement 2. Estimate the Allowance for Doubtful Accounts required at June 30, 2020, assuming the following uncollectible rates 30 days, 2%, 60 days, 4%: 90 days, 15% >90 days 55% The estimate of the Allowance for Doubtful Accounts required at June 30, 2020, is 1709 Requirement 3. Show how Li Dental would report its accounts receivable on its June 30, 2020, balance sheet. What amounts would be reported on an income statement prepared for the six-month period ended June 30, 2020? Balance Sheet (Partial): Accounts receivable.net Requirement 4. If Dr. Erb's account needed to be written off in September 2020, how accurate is Li Dental at estimating its bad debts? Li Dental is normal guidelines for estimating bad debts. It has allowed for delinquent accounts and if it needs of that to absorb the write-off, it have room to allow for any subsequent write-offs. Choose from any list or enter any number in the input fields and then continue to the next question 0 Transactions he n Jan. Feb Mar Apr. May Jun. 15 Sold appliances to Dr. Holtz on account for $31,000; cost $6.800 22 Received payment in full from Dr. Holtz 4 Sold merchandise to Dr. Erb on account for 55.400 cost $1,650. 20 Sold merchandise to Dr. Marks on account for $7.900, cost $3,200. 31 Sold merchandise to Dr. Kirvin on account for $4.200cost $1,200 28 Received $4,600 on account from Dr. Erb. KS he ble na Print Done nel yo x SH i Required bul nel it 1. Complete the aged listing of customer accounts as of June 30, 2020. 2. Estimate the Allowance for Doubtful Accounts required at June 30, 2020, assuming the following uncollectible rates 30 days, 2% 60 days, 4%, 90 days, 15%; >90 days 55%. 3. Show how Li Dental would report its accounts receivable on its June 30, 2020, balance sheet. What amounts would be reported on an income statement prepared for the six-month period ended June 30, 2020? 4. If Dr. Erb's account needed to be written off in September 2020, how accurate is Li Dental at estimating its bad debts? is uel on Print Done Later
