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A summary of Klugman Company's December 31, 2021, accounts receivable aging schedule is presented below along with the estimated percent uncollectible for each age group
A summary of Klugman Company's December 31, 2021, accounts receivable aging schedule is presented below along with the estimated percent uncollectible for each age group Age Group 0-60 days 61-90 days 91-120 days over 120 days Amount $53,000 13,50 2. Bea 1.200 0.5 1.0 10.a 50.0 The allowance for uncollectible accounts had a balance of $1,330 on January 1, 2021. During the year, bad debts of $680 were written off Required: Prepare all journal entries for 2021 with respect to bad debts and the allowance for uncollectible accounts, (If no entry is required for a transaction/event, select "No journal entry required in the first account field.) View transactions Journal entry worksheet 1 2 > Record the entry to write-off specific accounts Noter det bredt Transaction 1 General Journal Debit Credit
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