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Dhallwal 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;

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Dhallwal 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 145 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, Dhallwal has a debit balance of $45.100 in its allowance for uncollectible accounts. Required: 1. Estimate the appropriate 12/31/2024 balance for Dhaliwal's allowance for uncollectible accounts. 2. What joumal entry should Dhaliwal record to adjust its allowance for uncollectible 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. Ervin Company uses the allowance method to account for uncollectible accounts recelvable. The allowance account is adjusted based on bad debt expense as a percentage of credit sales. For 2024 , net credit sales totaled $5,200,000, and the estimated bad debt percentage is 130%. No previously written-off accounts recelvable were reinstated during 2024 . The allowance for uncollectible accounts had a credit balance of $49,000 at the beginning of 2024 and $43,500, after adjusting entries, at the end of 2024 . Required: 1. What is bad debt expense for 2024 as a percent of net credit sales? 2. Assume Ervin makes no other adjustment of bad debt expense during 2024. Determine the amount of accounts recelvable written off during 2024 . 3. If the company uses the direct write-off method, what would bad debt expense be for 2024 ? Complete this question by entering your answers in the tabs below. What journal entry should Dhaliwal record to adjust its allowance for uncollectible accounts? 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 journal entry required" in the first, account field. Journal entry worksheet Record the adjustment to allowance for uncollectible accounts. Note: Enter debits before credits

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