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Age of Accounts Over 90 Days 31-60 Days 61-90 Days 1-30 Days $18,000 $25,000 Accounts receivabh $30,000 $100,000 8.0% 30% 0.2% 5.0% Estimated percentage uncollectible

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Age of Accounts Over 90 Days 31-60 Days 61-90 Days 1-30 Days $18,000 $25,000 Accounts receivabh $30,000 $100,000 8.0% 30% 0.2% 5.0% Estimated percentage uncollectible On March 31, 2018, the Accounts receivable balance of Dunham Manufacturing, Inc. is $173,000. The Allowance for uncollectible accounts has a $1,650 credit balance. Dunham Manufacturing, Inc., prepares the following aging schedule for its accounts receivable: Click the icon to view the aging schedule.) Read the requirements Requirement 1. Journalize the year-end adjusting entry for uncollectible accounts on the basis of the aging schedule Calculate the resulting ending balance of the Allowance account based on the account aging. Show the T-account for the Allowance on March 31, 2018 Begin by recording the year-end adjusting entry for uncollectible accounts in the journal. (Record debits first, then credits Exclude explanations from any journal entries.) Journal Entry Credit Debit Accounts Date 31 Accounts receivable Sales revenue Mar Now calculate the resulting ending balance using the following T-account Allowance for uncollectible accounts Choose from any list or enter any number in the input fields and then continue to the next question. Now calculate the resulting ending balance using the following T-account Allowance for uncollectible accounts Bal.before adj Adji. entry Bal. after adj Requirement 2. Assume that instead of a $1,650 credit balance, the Allowance account has a $400 debit balance before adjustment. Journalize the year-end adjusting entry for uncollectible accounts on the basis of the aging schedule. Calculate the resulting ending balance of the Allowance account based on the account aging. Show the T-account for the Allowance on March 31, 2018. Begin by recording the year-end adjusting entry for uncollectible accounts in the journal. (Record debits first, then credits Exclude explanations from any journal entries.) Journal Entry Choose from any list or enter any number in the input fields and then continue to the next question Journal Entry Credit Debit Accounts Date 31 Mar Now calculate the resulting ending balance using the following T-account. Allowance for uncollectible accounts Bal.before adj Adj. entry Bal. after adj thoose from any list or enter any number in the input fields and then continue to the next

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