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	771,900	455,400	169,800	69,500	38,600	38,600
Boyd Industries	13,300					13,300
Hodges Company	18,600				18,600
Kent Creek Inc.	10,200			10,200
Lockwood Company	8,400		8,400
Van Epps Company	29,400	29,400
Totals	851,800	484,800	178,200	79,700	57,200	51,900
Percentage uncollectible		2%	5%	25%	35%	50%
Allowance for Doubtful Accounts	84,501	9,696	8,910	19,925	20,020	25,950

Assume that the allowance for doubtful accounts for Evers Industries has a credit balance of $ 17,745 before adjustment on July 31.

Journalize the adjusting entry for uncollectible accounts as of July 31.

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