Blue Skies Equipment Company uses the aging approach to estimate bad debt expense at the end of each accounting year. Credit sales occur frequently on terms n/60. The balance of each account receivable is aged on the basis of three time periods as follows: (1) not yet due, (2) up to one year past due, and (3) more than one year past due. Only five customers have unpaid balances on December 31, 2019. To do your analysis, you are provided with the following Tableau Dashboard:

**THIS IS THE ONLY DATA THAT IS PROVIDED TO ME***

Estimated Uncollectible Percentage 30% 25% 2006 Estimated uncollectable percentages 15% 1096 5% 0% (a) Not Yet Due (b) Up to One Year Past Due (c) More Than One Year Past Due Aging Analysis of Accounts Receivable $50,000 $40,000 $30,000 Accounts Receivable Amount $20,000 $10,000 SO B. Brown D. Donalds N. Napier S. Strothers T. Thomas Totals Measure Names (a) Not Yet Due (6) Up to One Year Past Due (c) More Than One Year Past Due #tableau Required: 1. Compute the total estimated uncollectible amounts as of December 31, 2019. 2. Give the adjusting entry for bad debt expense at December 31, 2019. The Allowance for Doubtful Accounts balance is $920 (credit) before the end-of-period adjusting entry is made. 3. Show how the amounts related to accounts receivable should be presented on the 2019 income statement. 4. Show how the amounts related to accounts receivable should be presented on the December 31, 2019 balance sheet. 5. Which customer's account is most likely to require a writeoff? Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Compute the total estimated uncollectible amounts as of December 31, 2019. Not yet due Up to one year past due More than one year past due Total Amount 23,900 X 27,000 X 0 $ 50,900 Required 1 Required 2 Required 3 Required 4 Required 5 Give the adjusting entry for bad debt expense at December 31, 2019. The Allowance for Doubtful Accounts balance is $920 (credit) before the end-of-period adjusting entry is made. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) No Transaction General Journal Debit Credit Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Show how the amounts related to accounts receivable should be presented on the 2019 income statement. BLUE SKIES EQUIPMENT COMPANY Income Statement (Partial) For the Year Ended December 31, 2019 Operating expenses: Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Show how the amounts related to accounts receivable should be presented on the December 31, 2019 balance sheet. (Amounts to be deducted should be indicated by a minus sign.) BLUE SKIES EQUIPMENT COMPANY Balance Sheet (Partial) As of December 31, 2019 Current assets: $ 0 Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Which customer's account is most likely to require a writeoff? Which customer's account is most likely to require a writeoff? Estimated Uncollectible Percentage 30% 25% 2006 Estimated uncollectable percentages 15% 1096 5% 0% (a) Not Yet Due (b) Up to One Year Past Due (c) More Than One Year Past Due Aging Analysis of Accounts Receivable $50,000 $40,000 $30,000 Accounts Receivable Amount $20,000 $10,000 SO B. Brown D. Donalds N. Napier S. Strothers T. Thomas Totals Measure Names (a) Not Yet Due (6) Up to One Year Past Due (c) More Than One Year Past Due #tableau Required: 1. Compute the total estimated uncollectible amounts as of December 31, 2019. 2. Give the adjusting entry for bad debt expense at December 31, 2019. The Allowance for Doubtful Accounts balance is $920 (credit) before the end-of-period adjusting entry is made. 3. Show how the amounts related to accounts receivable should be presented on the 2019 income statement. 4. Show how the amounts related to accounts receivable should be presented on the December 31, 2019 balance sheet. 5. Which customer's account is most likely to require a writeoff? Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Compute the total estimated uncollectible amounts as of December 31, 2019. Not yet due Up to one year past due More than one year past due Total Amount 23,900 X 27,000 X 0 $ 50,900 Required 1 Required 2 Required 3 Required 4 Required 5 Give the adjusting entry for bad debt expense at December 31, 2019. The Allowance for Doubtful Accounts balance is $920 (credit) before the end-of-period adjusting entry is made. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) No Transaction General Journal Debit Credit Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Show how the amounts related to accounts receivable should be presented on the 2019 income statement. BLUE SKIES EQUIPMENT COMPANY Income Statement (Partial) For the Year Ended December 31, 2019 Operating expenses: Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Show how the amounts related to accounts receivable should be presented on the December 31, 2019 balance sheet. (Amounts to be deducted should be indicated by a minus sign.) BLUE SKIES EQUIPMENT COMPANY Balance Sheet (Partial) As of December 31, 2019 Current assets: $ 0 Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Which customer's account is most likely to require a writeoff? Which customer's account is most likely to require a writeoff?