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9-16 Following is a list of credit customers along with their amounts owed and the days past due at December 31 . Also shown are
9-16
Following is a list of credit customers along with their amounts owed and the days past due at December 31 . Also shown are five classifications of accounts recelvable and estimated bad debts percent for each class. 1. Create an aging of accounts recelvable schedule of accounts recelvable by age similar to the table given above. Calculate the estimated batonce for the Allowance for Doubiful Accounts; 2. Assuming an unadjusted credit balance of $230, recotd the required odjustment to the Allowance for Doubtfut Accounts. Complete this question by entering your answers in the tabs below. Create an aging of accounts recewabie schedule of accounts recelvable by age similar to the table given above. Calculate the estimated balance for the Allowance for Doubtfut Accounts. Assuming an unadjusted credit balance of $230, record the required adjustment to the Allowance for Doubtful Accounts. Journal entry worksheet Assuming an unadjusted credit balance of $230, record the required adjustment to the Allowance for Doubtful Accounts. Note: enter debits before crodits Step by Step Solution
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