Below is the aging of receivables schedule for Evers Industries.

Aging of Receivables Schedule

November $30$

Customer Balance Not

Past Due $1-30$

Days

Past Due $31-60$

Days

Past Due $61-90$

Days

Past Due Over $90$

Days

Past Due

Subtotals $644,000380,000141,70058,00032,20032,100$

Boyd Industries $14,60014,600$

Hodges Company $20,70020,700$

Kent Creek Inc. $7,3007,300$

Lockwood Company $12,10012,100$

Van Epps Company $24,90024,900$

Totals $723,600404,900153,80065,30052,90046,700$

Percentage uncollectible $2\%6\%20\%30\%45\%$

Allowance for Doubtful Accounts $67,2718,0989,22813,06015,87021,015$

Assume that the allowance for doubtful accounts for Evers Industries has a credit balance of $ $14,125$ before adjustment on July $31.$

Journalize the adjusting entry for uncollectible accounts as of July $31.$ If an amount box does not require an entry, leave it blank.

DateAccountDebitCredit

July $31$

Bad Debt Expense

Allowance for Doubtful Accounts

$67,271$

$67,271$