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5 of 9 (3 complete) Score: 0 of 10 pts E8-20 (similar to) Al December 31, 2018, the Accounts Receivable balance of Alpha Company is

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5 of 9 (3 complete) Score: 0 of 10 pts E8-20 (similar to) Al December 31, 2018, the Accounts Receivable balance of Alpha Company is $165,000 The Allowance for Bad Debts account has a $10,390 debit balance Alpha Com receivable (Click the icon to view the aging schedule) Read the requirements Requirement 1. Journalize the year end adjusting entry for bad debts on the basis of the aging schedule Show the account for the Allowance for Bad Debts at Decembe Begin by determining the target balance of Allowance for Bad Debts by using the age of each account Age of Accounts 1-30 Total 31-60 61-90 Balance Days $ 40.000 Over 90 Days S 20 000 S Days S 15.000 50 Days 90.000 06% Accounts Receivable Estimated percent uncollectible 470 Estimated total uncollectible Enter any number in the edit fields and then click Check Answer Clear All parts remaining Type here to search ORI d

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