Aging Accounts Receivable An analysis of the accounts receivable of Johnson Company as of December 31, 20- is shown below. Required: 1. Complete the aging schedule as of December 31, 20- Aging schedule December 31, 20- Estimated Percent Estimated Amount Uncollectible Age Interval Balance Uncollectible Not yet due $67,000 2% 1-30 days past due 4,400 5% 31-60 days past due 3,250 10% 61-90 days past due 1,650 25% 91-180 days past due 1,300 35% 181-365 days past due 650 55% Over 365 days past due 400 85% Total $78,650 2. Assuming that Allowance for Doubtful Accounts had a credit balance of $640 before adjustment, record the end-of-period adjusting entry in general journal form to enter the estimate for uncollectible accounts. Page: Aging schedule December 31, 20 Estimated Percent Estimated Amount Uncollectible Age Interval Balance Uncollectible Not yet due $67,000 2% 1-30 days past due 4,400 5% 31-60 days past due 3,250 10% 61-90 days past due 1,650 25% 91-180 days past due 1,300 35% 181-365 days past due 650 55% Over 365 days past due 400 85% Total $78,650 2. Assuming that Allowance for Doubtful Accounts had a credit balance of $640 before adjustment, record the end-of-period adjusting entry in general journal form to enter the estimate for uncollectible accounts. Page: DATE ACCOUNT TITLE DOC. POST. NO. REF. DEBIT CREDIT 20- 1 Dec. 31 2 00 1 2 3