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27/ Deh 1400 3. Yellow Company's year-end unadjusted trial balance shows accounts receivable of cred 600 404 $99,000, allowance for doubtful accounts of $600 (credit),

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27/ Deh 1400 3. Yellow Company's year-end unadjusted trial balance shows accounts receivable of cred 600 404 $99,000, allowance for doubtful accounts of $600 (credit), and sales of $140,000. Icred 800 BOE Uncollectibles are estimated to be 1% of sales. Prepare the Dec. 31 year-end adjusting entry for uncollectible accounts. 4. Green Company uses the percent of accounts receivable method. On Dec. 31, Green has outstanding accounts receivable of $55,000, and it estimates that 2% will be 1100 uncollectible. Prepare the year-end adjusting entry to record bad debts expense 1809 under the assumption that the Allowance for Doubtful Accounts has a $291 debit balance before adjustment. 5. XYZ Corporation prepared the following aging of receivables analysis on Dec. 31. DAYS PAST DUE 0 Total 1-30 31-60 61.90 >>90 736396 Accts Receivable $570,000 $396,000 $90,000 $36,000 $18,000 $30,000 1% 2% 5% 7% 10% % uncollectible What is the estimated balance of the Allowance for Doubtful Accounts using the aging analysis? 1904. natafum customer lane ARA

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