Acct 2101-300

Customer

S. Augustine

C. Black

V. Brooks

H. Canty

R. Hampton

T. Harper

E. Sims

A. Tuner

[C. Wheeler Others TOTAL Est. %/ Uncollectible Total est. unc.

Total

2,400

600

1.000

5.000

2.600

4400

800

1.200

7,000

30.000/

Note yet

due

(Current)

1.30

days past due

2.400

600

31-60

days past due

5.000

2,600

61-90

days past due 90+ days Past due

1.000

800

1.200

50,000

1%

4.400

7.000

4%

10%

20%

35%

1. Regarding the Aging of AR Schedule above, a. What is the total accounts receivable balance with no adjustment?

1. How much AR are not expected to be collected?
2. What is the net accounts receivable balance?

1. If the allowance account has a $400 debit balance, what entry should be made?
2. If the allowance account has a $400 credit balance, what entry should be made?
3. Make the entry to write off V. Brooks' account.
4. Make the entry to recover V. Brooks' account.