British Columbia Institute of Technology FMGT 1100 - Accounting 1 s eath ted would be handed when preparing other achem d de e Enter the A c Add to books Deduct from books Add to bank educt from bank Does not affect the bank recon D the 1 Outstanding cheques Chegue for $320 correctly written and paid by the bank but incorrectly entered peneral journal for $230 3. Deposit in transit 4. Bank returns deposited cheque marked NSF. 5. Bank collects accounts receivable for depositor electronically. 6. Bank debit memorandum for cheque printing fees 7. Petty cash custodian has $86 in paid petty cash vouchers that have not been reimbursed 8. Bank charged a cheque against the company that should have been charged to another company British Columbia Institute of Technology FMOT 1100 - Accounting 1 COUNTING FOR RECEIVABLES 24 Maret Delits Expense mars ' scounts recebe led - provides the Guest 5 1.500 g a me ber 1 2005 Timbali 12.00 1.000 $16.265 $9,370 The related general ledger account balances are Accounts Receivable control account) Allowance for Doubtful Accounts $ 29,95 Pango estimates that the estimated percentage of uncollectible accounts are as fonow between 0 and 30 day. 1% accounts went 5%; and accounts over 90 days old, 20% $ 29,985 Debit 900 Debi , Instructions Prepare the adjusting entry to record the current year's bad debt expense