Classifications of accounts receivable and estimated pau depLS percent for each class. Percent uncollectible Customer BCC...
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Classifications of accounts receivable and estimated pau depLS percent for each class. Percent uncollectible Customer BCC Company Lannister Company Mike Properties Ted Reeves Jen Steffens Accounts Days Past Due 0 1 to 30 31 to 60 1% 3% 5% 61 to 90 8% Over 90 12% Receivable Days Past Due $ 6,000 16 3,000 0 7,000 102 1,500 76 4,000 42 1. Create an aging of accounts receivable schedule of accounts receivable by age similar to the table given above. Calculate the estimated balance for the Allowance for Doubtful Accounts. 2. Assuming an unadjusted credit balance of $300, record the required adjustment to the Allowance for Doubtful Accounts. Complete this question by entering your answers in the Required 1 Required 2 Assuming an unadjusted credit balance of $300, record the rec Allowance for Doubtful Accounts. View transaction list Journal entry worksheet 1 Assuming an unadjusted credit balance of $300, record the required adjustment to the Allowance for Doubtful Accounts. Note: Enter debits before credits. Date December 31 General Journal Debit Credit Clear entry Record entry View general journal < Required 1 Required 2 > Classifications of accounts receivable and estimated pau depLS percent for each class. Percent uncollectible Customer BCC Company Lannister Company Mike Properties Ted Reeves Jen Steffens Accounts Days Past Due 0 1 to 30 31 to 60 1% 3% 5% 61 to 90 8% Over 90 12% Receivable Days Past Due $ 6,000 16 3,000 0 7,000 102 1,500 76 4,000 42 1. Create an aging of accounts receivable schedule of accounts receivable by age similar to the table given above. Calculate the estimated balance for the Allowance for Doubtful Accounts. 2. Assuming an unadjusted credit balance of $300, record the required adjustment to the Allowance for Doubtful Accounts. Complete this question by entering your answers in the Required 1 Required 2 Assuming an unadjusted credit balance of $300, record the rec Allowance for Doubtful Accounts. View transaction list Journal entry worksheet 1 Assuming an unadjusted credit balance of $300, record the required adjustment to the Allowance for Doubtful Accounts. Note: Enter debits before credits. Date December 31 General Journal Debit Credit Clear entry Record entry View general journal < Required 1 Required 2 >
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