Aging of Recelvables; Estimating Allowance for Doubttul Accounts

Complete the aging of recelvables schedule by adding the omitted accounts to the bottom of the schedule and updating the totals. If an amount box does not require an entry, leave it blank.

Wig Creations Company Aging of Recelvat

ging of Recelvables Schedut

Estimate the allowance for doubtful accounts, based on the aging of recelvables schedule

Assume that the allowance for doubtful accounts for Wig Creations has a credit balance of $$1,840$ before adjustment on December $31,20Y1.$ Journalize the adjustment for uncollectible accounts.

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