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Company A has the following accounts receivables outstanding on Dec 31, 2016 before adjusting entries. The estimated uncollectible percentage for Not Due Yet. 1-30 Days

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Company A has the following accounts receivables outstanding on Dec 31, 2016 before adjusting entries. The estimated uncollectible percentage for Not Due Yet. 1-30 Days Past Due. 31-60 Days Past Due. and Over 90 Days Past Due accounts are 1%. 5%. 10%. 20%, and 50%, respectively (see table below). On Dec 31, 2016, the unadjusted balance for Allowance for Doubtful Accounts is a debit of $100. instructions (round to the nearest integer):) Record the adjusting entry to recognize bad debt expense for the month of December 2016. i On Jan 10, 2017, the $300 accounts receivable from Customer C (see table) was determined to be uncollectible, record the journal entry for that transaction. On Feb 2, 2017 Customer C made an unexpected cash payment of $300 for the account that was previously written off, record the journal entry for that transaction

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