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Days Past Due Total $150,000 31 to 60 $12,000 Accounts receivable Percent uncollectible 1 to 30 $28,000 3% $90,000 1x 61 to 90 $9,000 8%

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Days Past Due Total $150,000 31 to 60 $12,000 Accounts receivable Percent uncollectible 1 to 30 $28,000 3% $90,000 1x 61 to 90 $9,000 8% Over 90 $11,000 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 Accounts is a $2,000 credit. Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Estimate the balance of the Allowance for Doubtful Accounts using the aging of accounts receivable method. Accounts receivable Percent uncollectible (%) X Not due 1 to 30 31 to 60 en Saved ework Complete this question by entering your answers in the tabs below. Req 1 Reg 2 Estimate the balance of the Allowance for Doubtful Accounts using the aging of accounts receivab 11 = Accounts Percent receivable uncollectible (%) Not due: 1 to 30 31 to 60 61 to 90 Over 90 Estimated balance of allowance for uncollectibles ces Req 2 > Journal entry worksheet Record estimated bad debts assuming that allowance for Doubtful Accounts has a $2,000 credit balance. Note: Enter debits before credits Date General Journal Debit Credit ces Dec. Record entry Clear entry View general journal

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