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Acct 2101-300 Customer Total Note yet 1-30 31-60 61-90 90 due days days daysdays (Current) pastpastpast due Past due due due S. Augustine C. Black
Acct 2101-300 Customer Total Note yet 1-30 31-60 61-90 90 due days days daysdays (Current) pastpastpast due Past due due due S. Augustine C. Black V. Brooks 2.400 600 1.000 5,000 600 1.000 R. Hampton ?.Harper 4.400 800 4.400 800 A. Turner C. wheeler Others 7,000 50,000 50,000 4%| 10%| 20%| Est. % Uncollectible Total est. unc. 3% Regarding the Aging of AR Schedule above, a. 1. What is the total accounts receivable balance with no adjustment? How much AR are not expected to be collected? What is the net accounts receivable balance? b. c. 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. 4. Make the entry to write off V. Brooks' account. 5. Make the entry to recover V. Brooks' account
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