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Customer Balance ways Past Due Due ways Past Due Days Past Due Days Past Due Subtotals 667,900 394,100 146,900 60,100 33,400 33,400 Boyd Industries 16,100

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Customer Balance ways Past Due Due ways Past Due Days Past Due Days Past Due Subtotals 667,900 394,100 146,900 60,100 33,400 33,400 Boyd Industries 16,100 16,100 16,600 16,600 8,100 8,100 Hodges Company Kent Creek Inc. Lockwood Company Van Epps Company 11,200 11,200 25,300 25,300 745,200 419,400 Totals 158,100 68,200 50,000 49,500 2% 5% 25% 35% 50% Percentage uncollectible Allowance for Doubtful Accounts 75,593 8,388 7,905 17,050 17,500 24,750 Assume that the allowance for doubtful accounts for Evers Industries has a credit balance of $ 15,875 before adjustment on July 31. Journalize the adjusting entry for uncollectible accounts as of July 31. Bad Debt Expense Allowance for Doubtful Accounts July 31

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