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A summary of Klugmen 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 Klugmen Company's December 31, 2021. accounts receivable aging schedule is presented below along with the estimated percent uncollectible for each age group: 0.5 Age Group 8-60 days 61-90 days 91-120 days Dver 120 days Amount $59,900 21,500 2,990 1.200 10.0 50. The allowance for uncollectible accounts had a balance of $1.390 on January 1, 2021. During the year, bed debts of $740 were written off. Required: Prepare all journal entries for 2021 with respect to bed debts and the allowence for uncollectible sccounts. (If no entry is required for a transaction/event, select "No journal entry required" In the first account field.) Vlow transaction lict Journal entry worksheet 2
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