Allowance T Account and Aging of Accounts

Receivable (you must complet this based on info

from the problem), and a general journal template

for you journal entries (using proper journal entry

format).

it's an account receivable

it just said w/o

Allowance for Doubtful Accounts 9000 Accounts Receivable prepare journal Entries para Transactions 3/1w/ Ala Jones $5000 s/w/o AIR Smith $3000 8/1 w/ AIR Baker $2500 of Collect 150 from Baker e Provide adfs/E for bed dests. AIR over 60 Name TOT AIR 1,000 8,000 15.00 5,ooo others 200,000 140,00 35 36 1-30 31-60 2,000 2,000 2,003 4,000 2,000 3000 90000 9000 3900 Abing of Current 10000 4000 8,000 2000 JA 1000 % of Uncolectibility */0%. *20% % 40% + EST Bad Delts Put B what would the year and adjusto Jornal entry be given the following Allow T375 A B D D E F G H Aging of Accounts Recievable N 3 Allowance for Doubtful Accounts Year 2 9000 1/1 manoN 5 6 7 oo o 10 11 12 13 14 15 16 17 1 18 19 20 21 22 23 Aging of Accounts Recievable Schedule 12/31/2 24 25 26 Name Days Past Due 1 - 30 31-60 Total A/R Current Over 60 Sheet1 + Ready B D E G H 22 Aging of Accounts Recievable Schedule 12/31/2 23 24 Days Past Due 25 Name Total A/R Current 1-30 31 - 60 Over 60 26 27 28 B 29 C 30 D 31 Others 32 Total 33 % of Uncollectability 34 Estimated Bad Debts = 35 36 37 Part b - see the bottom of the graded homework problem Allow for Doubtful Accts 38 Based on the completed Aging Schedule and a credit balance 375 12/31/02 39 of 375 in the Allowance, determine the amount of the Adjusting J/E ADJ J/E 40 Desired Balance 41 42 43 44 45 46 47 Sheet1 Ready Accounts Receivable Prepare Journal Entries Fillowante for Doubtful Accounts Transactions 9,0.00 31 Wlo AR Jones 5000 5/1wlo. AIR Smith 300D 8/1. Wlo AR Baker 2500 al Collect 1250 foom Baker 12/31 Provide adj. The for Bad Debts. Aging of AIR Quen 60 Name TOT AIR Current 1-30 31-60 A 12.000 2,000 B 8,000 10,00D 4,000 8,000 2.000 4,000 c 15,000 10.00 2.000 2,000 3,000 3.000 D 5,000 100,000 2,000 1,00d others 90,404 6oob 140, DOD % of uncollectibility X2% x 10% X 20% X 40% + + Est Bed Debts (Part 2 what would the year end adjusting journal entry be geven the following Allow to DA .4375