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Dhaliwal Digital categorizes its accounts receivable into three age groups for purposes of estimating its allowance for uncollectible accounts 1 Accounts not yet due =
Dhaliwal Digital categorizes its accounts receivable into three age groups for purposes of estimating its allowance for uncollectible accounts 1 Accounts not yet due = $180,000; estimated uncollectible = 15%. 2. Accounts 1-45 days past due = $25.000: estimated uncollectible = 20% 3. Accounts more than 45 days past due = $10,000; estimated uncollectible = 25%. Before recording any adjustments, Dhaliwal has a debit balance of $45,100 in its allowance for uncollectible accounts. Required: 1. Estimate the appropriate 12/312021 balance for Dhaliwal's allowance for uncollectible accounts. 2. What journal entry should Dhaliwal record to adjust its allowance for uncollectible accounts? Required 1 Required 2 Estimate the appropriate 12/31/2021 balance for Dhaliwal's allowance for uncollectible accounts. Balance in allowance for uncollectible accounts Required 2 > Journal entry worksheet
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