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Days Past Due Accounts receivable Percent uncollectible Total $665,889 $415,000 21 1 to 30 $109,000 31 to 60 $55,000 6% 61 to 99 $37,000 8%

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Days Past Due Accounts receivable Percent uncollectible Total $665,889 $415,000 21 1 to 30 $109,000 31 to 60 $55,000 6% 61 to 99 $37,000 8% Over 90 $49,000 a. Complete the below table to calculate the estimated balance of Allowance for Doubtful Accounts using the aging of accounts receivable method. b. Prepare the adjusting entry to record Bad Debts Expense using the estimate from part a. Assume the unadjusted balance in th Allowance for Doubtful Accounts is a $5,500 credit c. Prepare the adjusting entry to record bad debts expense using the estimate from part a. Assume the unadjusted balance in the Allowance for Doubtful Accounts is a $2,000 debit. Complete this question by entering your answers in the tabs below. Req A Req B and C Complete the below table to calculate the estimated balance of Allowance for Doubtful Accounts using the aging of accounts receivable method. Accounts Receivable Percent Uncollectible (%) Not due $1 to 30 31 to 60 Journal entry worksheet Record estimated bad debts assuming that Allowance for Doubtful Accounts has a $5,500 credit balance. Note: Enter debits before credits. General Journal Debit Credit Date Dec 31

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