5 A December 31, 2020, the Accounts Receivable balance of Digital Electronics is $342,000. The Allowance for Dout Accounts as w) 59,100 credit balance Accounts for Digital Electronics prepare the following aping schedule for its accounts receivable (Click the icon to view the aging schedule) Required 1. Journalize the adjusting entry for doute accounts bored on the wing schedule Show the account for the lowance December 31, 2020, 2. Show how Digital Electronics will report Accounts Receivable on its December 31, 2020, balance sheet 3. Suppose all the facts of this situation are the same except that Allowance for our Account has a $1.500 debt balance Calculate the amount of the sing entry Date Accounts Debu Credit Dec 31 Now, prepare the account for Allowance for Douth Accounts a box is not used in the account, leave the box empty do not near Abbreviations used al-Balance, adj. - adjustments Allowance for Doubtful Accounts Choose from any ist or enter any number in the input fields and then continue tome next question W Account has a $1.500 debit balance Calculate the amount of the adjusting entry Now, prepare the account for Allowance for Doubtl Accounts (If a box is not used in the Taccount, leave the box omply do not enter a roro. Abbreviations used Bal-Balance, adj. adjustments.) Allowance for Double Accounts Requirement 2. Show how Digital Electronics will report Accounts Receivable on its December 31, 2020, balance sheet Digital Electronics Balance Sheet portal December 31, 2020 Choose from any list or enter any number in the input fields and then continue to the next question La 51,00debit balance Calculate the amount of the adjusting entry Requirement 2. Show how Digital Electronics will report Accounts Receivable on its December 31, 2020, balance sheet Digital Electronics Balance Sheet (partial) December 31, 2020 Accounts receivable.net Requirement 3. Suppose all the facts of this situation are the same except that Allowance for Doubtful Accounts has a $1.500 debit balance Calculate the amount of the adjusting entry 3. Suppose all the facts of this situation are the same except that Allowance for Doubtful Accounts has a $1.500 debt balance Calculate the amount of the adjusting entry Requirement 3. Suppose all the facts of this situation are the same except that Allowance for Doubtful Accounts has a 51,500 debit balance Calculate the amount of the adjusting entry Allowance for Doubtful Accounts: Crede balance needed 1-30 31-60 61-90 Over 90 Subtotal Unadjusted balance Choose from any list or enter any number in the input fields and then continue to the next question 1. Journalize the adjusting entry for doubtful accounts based on the aging schedule 2. Show how Digital Electronics will report Accounts Receivable on its December 3 3. Suppose all the facts of this situation are the same except that Allowance for Do Allowance for Doubtful Accounts: Credit balance needed 1-30 31-60 61-90 Over 90 Subtotal Unadjusted balance Adjusting entry amount Choose from any list or enter any number in the input fields and then continue to 0 Aging Schedule - X Age of Accounts Receivable 1-30 31-60 61-90 Over 90 Days Days $156,000 Days $70,000 Accounts Receivable $96,000 Days Total $20,000 $342.000 50.0% 1.0% 2.0% 9.0% Estimated percent uncollectible Allowance Needed Print Done