# 5

Dewars, Inc. uses the aging method to estimate its uncollectible accounts expense for the year. At December 31, Dewars accountant prepared a partial aging analysis of accounts receivable.

Complete the aging analysis and record the year end adjustment for uncollectible accounts assuming that the creditbalance in the Allowance for Uncollectible Accounts prior to adjustment is $4,500.

/--------------------- Past Due -------------------/

Current 3060 61-90 91-120 >120

Total A/R 40,000 10,000 12,000 4,000 2,000

Uncollectible % 2% 5% 10% 20% 50%

Total Estimated Uncollectible Accounts Receivable __________. ANSWER THIS

The entry that should be made by Jager at December 31 is: ALSO ANSWER THIS