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Calculate the total estimated bad debts based on the below information Number of Days Outstanding 190 5230 276 800 92.000 50.700 38 600 Accounts receivable
Calculate the total estimated bad debts based on the below information Number of Days Outstanding 190 5230 276 800 92.000 50.700 38 600 Accounts receivable Suncollectible 12200 20 Estimated bad debts $ 6440 e Textbook and Media List of Accounts Attempts to use (b) - (d) (ol Prepare the year-end adusting journal entry to record the bad debts using the need uncollectible accounts receivate determined in al. Assume the current balance in Allowance for Doubtful Accounts han 87.000 doble 10 or the above accounts, 54.700 is determined to be spectically uncollectible. Prepare the journal entry to write off the uncollectible account (d) The company collects 54,700 subsequently on a specific account that had previously been determined to be uncollectitta in (c). Prepare the journal entrylles necessary to restore the account and record the cash collection.. (Credit account titles are automatically indented when amount is entered. Do not Indent manually No Account Titles and Explanation Debit Credit To record collection of write-oft e Textbook and Media List of Accounts
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