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A company has the following balances on December 31, 2024, before any year-end adjustments: Accounts Receivable = $75,000; Allowance for Uncollectible Accounts = $1,100 (credit).

A company has the following balances on December 31, 2024, before any year-end adjustments: Accounts Receivable = $75,000;

Allowance for Uncollectible Accounts = $1,100 (credit). The company estimates uncollectible accounts based on an aging of accounts

receivable as shown below.

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A company has the following balances on December 31,2024 , before any year-end adjustments: Accounts Receivable =$75,000; Allowance for Uncollectible Accounts $1,100 (credit). The company estimates uncollectible accounts based on an aging of accounts fecelvable as shown below: Required: Record the adjustment for uncollectible accounts on December 31, 2024. (If no entry is required for a particular transaction/event, seiect "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the adjustment for uncollectible accounts. Note: finter debits before credits. \begin{tabular}{|lcc|} \hline Age Group & AmountReceivable & EstimatedPercentUncollectible \\ \hline Not yet due & $44,000 & 78 \\ 0 to 30 days past due & 16,000 & 308 \\ 31 to 90 days past due & 13,000 & 45% \\ More than 90 days past due & 2,000 & 85% \\ Total & $75,000 \\ \hline \end{tabular}

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