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Acct 2101-300 Customer S. Augustine C. Black V. Brooks H. Canty R. Hampton T. Harper E. Sims A. Tumer C. Wheeler Others TOTAL Est. %
Acct 2101-300 Customer S. Augustine C. Black V. Brooks H. Canty R. Hampton T. Harper E. Sims A. Tumer C. Wheeler Others TOTAL Est. % Uncollectible Total est. unc. Total a. AIRE 2,400 600 1,000 5,000 2,600 4,400 800 1,200 7,000 50,000 Note yet due (Current) 800 1,200 50,000 1% 1-30 days past due 2,400 600 7,000 4% 1. Regarding the Aging of AR Schedule above, 31-60 days past due 4. Make the entry to write off V. Brooks' account. 5,000 2,600 5. Make the entry to recover V. Brooks' account. 10% 61-90 days past due What is the total accounts receivable balance with no adjustment? b. How much AR are not expected to be collected? c. What is the net accounts receivable balance? 4,400 20% 2. If the allowance account has a $400 debit balance, what entry should be made? 90+ days Past due 3. If the allowance account has a $400 credit balance, what entry should be made? 1,000 35% 10-16 the B
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