Adjustment for uncollectible accounts Below is the aging of receivables schedule for Evers Industries. Aging of Receivables Schedule November 30 Customer Balance Not Past Due 1-30 Days Past Due 31-60 Days Past Due 61-90 Days Past Due Over 90 Days Past Due Subtotals 597,100 352,300 131,400 53,700 29,900 29,800 Boyd Industries 12,000 12,000 Hodges Company 18,600 18,600 Kent Creek Inc. 7,800 7,800 Lockwood Company 8,000 8,000 Van Epps Company 27,800 27,800 Totals 671,300 380,100 139,400 61,500 48,500 41,800 Percentage uncollectible 2% 5% 20% 30% 45% Allowance for Doubtful Accounts 60,232 7,602 6,970 12,300 14,550 18,810

Assume that the allowance for doubtful accounts for Evers Industries has a credit balance of $ 12,650 before adjustment on July 31. Journalize the adjusting entry for uncollectible accounts as of July 31. If an amount box does not require an entry, leave it blank. Date Account Debit Credit

July 31 Accounts PayableAccounts ReceivableAllowance for Doubtful AccountsBad Debt ExpenseCash - Select - - Select -

Accounts PayableAccounts ReceivableAllowance for Doubtful AccountsBad Debt ExpenseCash - Select - - Select -