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6 1.7 points Total 0 Accounts receivable Percent uncollectible $ 615,000 $ 405,000 1 to 30 $ 99,000 Days Past Due 31 to 60
6 1.7 points Total 0 Accounts receivable Percent uncollectible $ 615,000 $ 405,000 1 to 30 $ 99,000 Days Past Due 31 to 60 61 to 90 Over 90 $ 45,000 $ 27,000 $ 39,000 18 28 5% 78 10% a. Complete the table below to calculate the estimated balance of Allowance for Doubtful Accounts using aging of accounts receivable. b. Prepare the adjusting entry to record bad debts expense using the estimate from part a. Assume the unadjusted balance in the Allowance for Doubtful Accounts is a $4,500 credit. c. Prepare the adjusting entry to record bad debts expense using the estimate from part a. Assume the unadjusted balance in the Allowance for Doubtful Accounts is a $1,000 debit. Answer is not complete. Complete this question by entering your answers in the tabs below. Req A Req B and C Complete the table below to calculate the estimated balance of Allowance for Doubtful Accounts using aging of accounts receivable.
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