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Aging Method toad Debt Expense Cindy Bagnal, the manager of Cayce Printing Service, has provided the following eging schedule for Cayce's accounts receivable: Cindy indicates
Aging Method toad Debt Expense Cindy Bagnal, the manager of Cayce Printing Service, has provided the following eging schedule for Cayce's accounts receivable: Cindy indicates that the $132,800 of accounts receivable identafied in the table does not include 58,900 of receivables that should be written aff. Required: 1. Joumaline the 55,900 write-of. If an amount box does not require an entry leave it blank. 2. Determine the desred postadjustment balance in allowance for doubtful accounts. Round each aging category to the nearest dollar. 3. If the balente in aliowance for doubtful accounts before the 40,900 winte-aff was a debit of 5450 , compute bad debt axpense Prepare the ad 4xpensit. If an ambunt box does not require an entry, leave it blank; (Rencord adjustimp entry for bad debt expense estimate)
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