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Anaging analysis of Pharoah Company's accounts receivable at December 31,2023 and 2024 , showed the following: Additional information: 1. At December 31, 2023, the unadjusted
Anaging analysis of Pharoah Company's accounts receivable at December 31,2023 and 2024 , showed the following: Additional information: 1. At December 31, 2023, the unadjusted bolance in Allowance for Doubtful Accounts wasa credit of 56,400 . 2. In 2024,526,300 of accounts was written off as uncollectible and $3,000 of accounts previously written off was collected. Prepare an aging schedule to calculate the estimated uncollectible accounts at December 31,2023 , and at December 31 . 2024. Prepare an aging schedule to calculate the estimated uncollectible accounts at December 31, 2023, and at December 31,20 . Calculate the carrying armount of Pharoah's accounts receivable at December 31, 2023, and December 31, 2024. Record the following: 1. The adjustingentry on December 31,2023 2. Thewrite-off of uncollectible accounts in 2024 3. The collection in 2024 of iccounts previously written off. 4. The adjusting entry on December 31,2024 . (Creditaccount titles are outamatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter O for the amounts. List all debit entries before credit entries.)
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