Aging of Receivables Schedule July 31 Not 1-30 Past Days Balance Due ast Due 31-60 Over 90 61-90 Days Past Due Days Past Due Customer Days Past Due Subtotals 1,050,000 600,000 220,000 115,000 85,000 30,000 Boyd Industries 36,000 36,000 11,500 Hodges Company 11,500 Kent Creek Inc. 6,600 6,600 7,400 13,000 Lockwood Company Van Epps Company 7,400 13,000 Totals 233,000 121,600 96,500 66,000 1,124,500 607,400 1% 106,106 6,074 3% 12% 30% 75% Percentage uncollectible Allowance for Doubtful Accounts 6,990 14,592 28,950 49,500 Assume that the allowance for doubtful accounts for Evers Industries has a credit balance of $8,240 before adjustment on July 31. Journalize the adjusting entry for uncollectible accounts as of July 31. If an amount box does not require an entry, leave it blank July 31 Check My Work eBook Show Me How Calculator Print Item Entry for Uncollectible Accounts Outlaw Bike Co. is a wholesaler of motorcycle supplies. An aging of the company's accounts receivable on December 31 and a historical analyst uncollectible accounts in each age category are given below. he percenta Age Interval Balance Estimated Uncollectible Accounts Percent 3/4 % Estimated Uncollectible Accounts Amount $6,690 2,850 Not past due $892,000 285,000 101,000 1-30 days past due 31-60 days past due 1.00 8.00 8,080 61-90 days past due 16.00 10,080 63,000 43,100 91-180 days past due 50.00 21,550 Over 180 days past due 17,700 80.00 14,160 Total $1,401,800 $63,410 Assume that the allowance for doubtful accounts for Outlaw Bike Co. had a debit balance of $5,140 as of December 31. Journalize the adjusting entry for uncollec accounts as of December 31. If an amount box does not require an entry, leave it blank Dec. 31 Previous N: Check My Work Email Instructor Save and Exit Submit Assignment to