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Chart of Accounts First Question General Journal The aging of Torme Designs' accounts receivable is shown below Age Interval: Balance: Percentage: Amount: Not past due

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Chart of Accounts First Question General Journal The aging of Torme Designs' accounts receivable is shown below Age Interval: Balance: Percentage: Amount: Not past due 1-30 days past due. 47,500 31-60 days past due: 121,750 61-90 days past due: 11,250 91-180 days past due: 5,065 181-365 days past due. 2.500 Over 365 days past due: 1,145 Total: 850,000 3.50% 5.00% 1000% 20.00% 30.00% 50.00% 95 00% 939,210 Required: (a) Calculate the amount of each periodicity range that is deemed to be uncollectible.. (b) If the Allowance for Doubitul Accounts has a creair balance of $1,135.00, record the adjusing entry for the bad debrexpense for the year." Round your answers to nwo decimal places "Refer to the Chart of Accounts for exact wording of account odes. Round your answers to two decima places

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