additional question: 1. Suppose the amount uncollectible on March 31 is changed to $1800 and no cash was received from customer subsequent to the write-off of account receivable. what would the balance of the Allowance of Doubtful Accounts before adjustment? 2. Suppose the balance in the allowance of doubtful accounts before adjustment was $2100 debit. An Aging schedule indicates that total estimated bad debts will be $38000 . what is the year-end adjustment for bad debts for 2020?

Additional question: 1. Suppose the amount uncollectible on March 31 is changed to $1800 and no cash was received from customer subsequent to the write-off of account receivable. what would the balance of the Allowance of Doubtful Accounts before adjustment?

2. Suppose the balance in the allowance of doubtful accounts before adjustment was $2100 debit. An Aging schedule indicates that total estimated bad debts will be $38000 . what is the year-end adjustment for bad debts for 2020?

P9.3A Journale entries to record transactions related to bad debts Presented below is an aging schedule for Halleran Company Customer Anders $ Number of Days Past Dus Not yet Total Due 1-30 31-60 61-90 Over 90 22.000 $10,000 $ 12.000 40,000 40,000 57.000 16,000 5.000 35.000 34,000 34.000 132.000 96,000 16.000 14,000 6,000 285.000 $152.000 $32,000 $26.000 $35,000 840,000 Coulson Deleon Others 3 3 6 135 25% SON Estimated Percentage Uncollectible Total Estimated Bad Debts 38,610 4.560 1.920 $ 3.3805 8.750 $ 20.000 At December 31, 2020, the unadjusted balance in Allowance for Doutful Accounts is a credit of $12.000 Instructions: (a) Journalize and post the adjusting entry for bad debts at December 31, 2020 () Journalize and post the allowance account the following events and transactions in the year 2021 (1) On March 31, a $1,000 customer balance originating in 2020 is judged uncollectible (2) On May 31, a check for $1,000 is received from the customer whose account was written off as uncollectible on March 31 ( Journalize the adjusting entry for bad debts on December 31, 2021, assuming that the unadjusted balance in the Allowance for Doubtful Accounts is a debit of $800 and the aging schedule indicates that total estimated bad debts will be $31,600 NOTE Enter a number in cells requesting a value enter either a number or a formata in cells with a (a) Dec. 31 26,610 Bad Debt Expense Allowance for Doubtful Accounts 26,670 Bad Debt Expense Explanation Rer Debt Credit Balance Date 2020 Dec 31 Adjusting 38.610 38.610 Allowance for Doubtful Accounts Explanation Ret Debit Credit Balance Date 2020 Dec 31 Dec 31 2021 Mar 31 31 May Balance Adjusting 12000 38.610 26610 1,000 37.610 38,610 1,000 (b) (1) 2021 Mar 31 1,000 Allowance for Doubtful Account Accounts Receivable 1,000 May 31 1.0001 Allowance for Doubtful Account Accounts Receivable 1,000 May 31 Cash 1.000 Account Receivable 1,000 fel 2021 Dec 31 32400 Bad Debt Expense Allowance for Doubtful Accounts 32400 After you have completed the requirements of P9 3. consider these additional questions Awers are on the other tab this 1 Suppose the amount uncolectible on March 31 is changed to $1800 and no cash was received from customer subsequent to the write-off of accounts receivable. What would be the balance of the Allowance for Doubtful Accounts before adjustment 2. Suppose the balance in the Allowance for Doubtful Accounts before adjustment was $2100 debit An aging schedule indicates that total estimated bad debts will be $38,000 What is the year end adjustment for bad debts for 2020? P9.3A Journalize entries to record transactions related to bad debts Presented below is an aging schedule for Halleran Company. Customer Anders Blake Coulson Deleon Others Number of Days Past Due Not yet Total Due 1-30 31-60 61-90 Over 90 22,000 $10,000 $ 12,000 40,000 $ 40,000 57,000 16,000 6,000 35,000 34,000 34,000 132,000 96,000 16,000 14,000 6,000 285,000 $152,000 $32,000 $ 26,000 $35,000 $ 40,000 C $ 3% 6% 13% 25% 50% Estimated Percentage Uncollectible Total Estimated Bad Debts 38,610 $ 4,560 $ 1,920 $ 3,380 $ 8,750 $ 20,000 At December 31, 2020, the unadjusted balance in Allowance for Doutful Accounts is a credit of $12,000. Instructions: (a) Journalize and post the adjusting entry for bad debts at December 31, 2020. (b) Journalize and post the allowance account the following events and transactions in the year 2021. (1) On March 31, a $1,000 customer balance originating in 2020 is judged uncollectible. (2) On May 31, a check for $1,000 is received from the customer whose account was written off as uncollectible on March 31. (c) Journalize the adjusting entry for bad debts on December 31, 2021, assuming that the unadjusted balance in the Allowance for Doubtful Accounts is a debit of $800 and the aging schedule indicates that total estimated bad debts will be $31,600. NOTE: Enter a number in cells requesting a value; enter either a number or a formula in cells with a