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A company's accounts receivabletedger provides the following aged trialbalance at December 31.2024 : The related general ledger account balances are: Accounts Receivable (control accotint) $34,630
A company's accounts receivabletedger provides the following aged trialbalance at December 31.2024 : The related general ledger account balances are: Accounts Receivable (control accotint) $34,630 Debit Allowance for Doubtful Accounts 880 Debit Compary A estimates that the percentage of uncollectible accounts are as followsi accounts between 0 and 30 dayk, 1% : accounts Comgary A estimates that the percentage of uncollectible accounts are as follows: accounts between 0 and 30 days, 17x accounts between 31 and 60 dans, 380 accounts between 61 and 90 dayk, 5%, and accounts over 90 days old, 20x. Prepare the adjusting entry to record the current year's bad debt expense. (If no entry is required, select "No Entry" for the account titlen and enter O for the amounts Credt occount titles are automaticolly indented when the amount is entered Do not indent manully List debut entry before credit entry. Round answers to 2 decimal pldces, es, 52.75.)
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