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Aping Method On January 1, Hungryman Inc. has the following balances for accounts receivable and allowance for doutetut accounts: Accounts Receivable $253,000 Allowance for Doubtfu

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Aping Method On January 1, Hungryman Inc. has the following balances for accounts receivable and allowance for doutetut accounts: Accounts Receivable $253,000 Allowance for Doubtfu Accounts (a credit balance) 22,770 During the year Hungryman had $1,000,000 of credit sales, collected 5550,000 of accounts receivable, and wrote of $20,000 of accounts receivable as uncolectible At year end, Hungryman performs an aging of its accounts receivable dance and estimates that 527,300 will be collectible Required: 1. Calculate oneryman's preajustment balance in accounts receivable on December 31. 2. Calculate Hungryman's preajustment balance in allowance for dower accounts on December 31 3. Prepare the necessary adjusting entry for the year an amount box does not require an entry, we i bank

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