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Dhaliwal Digital categorizes Its accounts recelvable into three age groups for purposes of estimatung its allowance for uncollectible accounts. 1. Accounts not yet due =$195,000;

image text in transcribedimage text in transcribed Dhaliwal Digital categorizes Its accounts recelvable into three age groups for purposes of estimatung its allowance for uncollectible accounts. 1. Accounts not yet due =$195,000; estimated uncollectible =15% 2 Accounts 145 days past due =$27,100; estlmated uncollectlble =20%. 3. Accounts more than 45 days past due =$10,800; estimated uncollectible =25%. Before recording any adjustments, Dhaliwal has a debit balance of $48,700 in its allowance for uncollectible accounts. Required: 1. Estimate the approprlate 12/31/2024 balance for Dhallwal's allowance for uncollectlble accounts. 2 What journal entry should Dhaliwal record to adjust its allowance for uncollectlble accounts? Complete this question by entering your answers in the tabs below. What journal entry should Dhaliwal record to adjust its allowance for uncollectible accounts? Note: If no entry is required for a transaction/event, select "No joumal entry required" in the first account field. Dhaliwal Digital categorizes its accounts recelvable into three age groups for purposes of estimating its allowance for uncollectible accounts. 1. Accounts not yet due =$195,000; estimated uncollectible =15% 2 Accounts 145 days past due =$27,100; est / mated uncollectible =20%. 3 . Accounts more than 45 days past due =$10,800; estimated uncollectible =25%. Before recording any adjustments, Dhaliwal has a debit balance of $48,700 in Its allowance for uncollectible accounts. Required: 1. Estimate the approprlate 12/31/2024 balance for Dhaliwal's allowance for uncollectible accounts. 2 What journal entry should Dhaliwal record to adjust its allowance for uncollectlble accounts? Complete this question by entering your answers in the tabs below. Estimate the appropriate 12/31/2024 balance for Dhaliwal's allowance for uncollectible accounts

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