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Aging Method Bad Debt Expense Cindy Bagnal, the manager of Cayce Printing Service, has provided you with the following aging schedule for Cayce's accounts receivable:

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Aging Method Bad Debt Expense Cindy Bagnal, the manager of Cayce Printing Service, has provided you with the following aging schedule for Cayce's accounts receivable: Accounts Amount Proportion Expected Receivable Category to Default 0-20 days $93,400 0.02 21-40 days 21,500 0.08 41-60 days 11,700 0.15 Over 60 days 5,300 $131,900 Cindy indicates that the $131,900 of accounts receivable identified in the table does not include $8,900 of receivables that should be written off. Required: Hide 1. Journalize the $8,900 write-off. Allowance for Doubtful A er 8900 Accounts Receivable 8900 Record write-off of defaulted account Show All Feedback 2. Determine the desired postadjustment balance in allowance for doubtful accounts, Round each aging category to the nearest dollar

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