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Check my Roby Reg 2 Prepare the adjusting entry to record bad debts expense assuming the unadjusted balance in the Allowance for Doubtful Accounts is

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Check my Roby Reg 2 Prepare the adjusting entry to record bad debts expense assuming the unadjusted balance in the Allowance for Doubtful Accounts is a $1,400 credit. View transaction list Journal entry worksheet Record estimated bad debts assuming that allowance for Doubtful Accounts has a $1,400 credit balance. Net Zero Products, a wholesaler of sustainable raw materials. Prepared the following aging of receivables analysis. Days Past Due Total 0 1 $129,000 $84,000 Accounts receivable Percent uncollectible to 30 31 to 6061 to 90 Over 90 $22,000 $9,000 $6,000 $8,000 34 56 89 11% 1. Estimate the balance of the Allowance for Doubtful Accounts using the aging of accounts receivable method. 2. Prepare the adjusting entry to record bad debts expense assuming the unadjusted balance in the Allowance for Doubtful Account is a $1,400 credit Complete this question by entering your answers in the tabs below. Reg 1 Req 2

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