Chapter 8 Assignments templates * E File Edit View Insert Format Data Tools Add-ons Help Last edit was 3 minutes ago 7 100% S 0.00 123- Default (Ca. 11 - Is A B A 8 F G H 5 Allowance for Doubtful Accounts 5 Accounts Recelvable Dec. 31/19 balance S 83,000 470,000 12 Dec. 31/19 2,900 balance $ S 9 503,000 3,650 260 260 S 3,650 Dec 31/20 balance S 260 3,100 Dec 31/20 2,610 balance 12 46,350 s 125 16 Analyzing the information presented in the Taccounts above, identify the dollar value related to each of the following: Please show your work 19 al Credit sales during the period? 52 Collection of credit sales made during the period? File Edit View Insert Format Data Tools Add-ons Help Last edit was 100% - $ % 0 ,00 123- Default (Ca. 11 B f B C 0 E b) Collection of credit sales made during the period? 5 5 8 c) , Write-off of an uncollectible account? 1 2 13 4 85 d) Recovery of the account previously written off? 87 38 e) The adjusting entry to estimate bad debts? 40 + 053-3- OSB OSOS 6. Assume the same facts, except that Duncan estimates uncollectibles as 1% of net credit sales. What amount would be used in the adjustment? Q5 8-9 Aging analysis LO 2, 3 Delcom had total accounts receivable on December 31, 2020, of $160,000 aged as follows: December 31, 2020 Accounts Receivable Age of Accounts Receivable Expected Percentage Uncollectible $110,000 40,000 10,000 Not due (under 45 days) 1 to 30 days past due Over 30 days past due 40% Prepare the December 31, 2020, adjusting entry to estimate uncollectible accounts receivable assuming an unadjusted credit balance in Allowance for Doubtful Accounts of $800. 058.10 Direct write-off method LO3 on his cattle farm, greatly supplementing his farm