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Aging schedule prepares the following aning sched is for accounts recervatie (17if) (Click the icon to view the aging schedule) Requirements uncolectolo accours? 2. Make

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Aging schedule prepares the following aning sched is for accounts recervatie (17if) (Click the icon to view the aging schedule) Requirements uncolectolo accours? 2. Make the entry requeded by the agng schedtile Prepare a faccount for the allowance. lor estimatro uncollectible accourts? thebe wu can asses whether the curont balance of the alowsice account is adequate, wo frst have to calculate a revised allowance for uncollectiblo accounts amount (Round your answers Whole dollar. Allowance for uncollectible accounts: Compliele the sentencts below (Reund your anvers to the nearest whole dollar.) Requirement 2. Make the entry required by the aging schedule. Prepare a T-account for the allowance. (Record debits First, prepare the journal entry using the adjusting entry amount we calculated in the first step. Now, prepare the T-account for Allowance for Uncollectible Accounts. (Leave any unused cells blank.) Requirement 3. Show how Casserole will report Accounts Receivable on its December 31 balance sheet. Include the twe There are two generally accepted methods to present receivables on the balance sheet. The first method reports the allov allowance for the uncollectible accounts amount. Then calculate the net accounts receivable amount.)

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