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ALE TREBLE The trial balance before adjustment of Metlock, Inc. shows the following balances Dr. Cr. Accounts receivable $106,900 Allowance for doubtful accounts 1.925 Sales

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ALE TREBLE The trial balance before adjustment of Metlock, Inc. shows the following balances Dr. Cr. Accounts receivable $106,900 Allowance for doubtful accounts 1.925 Sales revenue (all on credit) Sales returns and allowances 5664.500 29.400 Give the entry for bad debt expense for the current year assuming the slowance should be of gross accounts receivable. (Credit account eties are automatically indented when amount is entered. Do not indent manually. If ne entry is required, select "No entry for the account titles and enter o for the amounts.) Account Titles and Explanation Debit Credit NOW IST OF ACCOUNTS LINK TO THX Give the entry for bad debt expense for the current year assuming historical records show that, based on accounts receivable aging, the following percentages will not be collected: (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts) Percentage Estimated Balance to Be Uncollectible 0-30 days outstanding $36,200 1% 31-60 days outstanding 48,200 55 61-90 days outstanding 13,200 12% Over 90 days outstanding 9,300 Account Titles and Explanation Debit Credit Give the entry for bad debt expense for the current year assuming allowance for doubtful accounts is $1,025 but it is a credit balance and the allowance should be of gross accounts receivable Credit account titres are automatically indented when amount is entered. Do not indent manually. If he entry is required, select "No Entry for the secount titles and enter for the amounts) Account Tities and Explanation Debit Credit DOW LIST OF ACCOUNTS LINK TO TEXT Give the entry for bad debt expense for the current year assuming allowance for doubtful accounts ls 51,925 but it is a credit balance and historical records show that the following percentages wat not be collected: (Credit account titles are automatically Indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Percentage Estimated Balance to Be Uncollectible 0-30 days outstanding $36,200 19 31-60 days outstanding 48,200 5% 61-90 days outstanding 13,200 12% Over 90 days outstanding 9,300 18% Account Tities and Explanation Debit Credit

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