Dhallwal Digital categorizes its accounts recelvable 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. Dhaliwal 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 journal entry should Dhallwal 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. Harrison Company maintains a checking account at the First National City Bank. The bank provides a bank statement along with canceled checks on the last day of each month. The July 2024 bank statement included the following information: The company's general ledger account had a balance of $39,258 at the end of July. Deposits outstanding totaled $6,500 and all checks written by the company were processed by the bank except for those totaling $8.440. In addition, a $2.200 July deposit from a credit customer was recorded as a $220 debit to cash and credit to accounts receivable, and a check correctly recorded by the company as a $40 disbursement was incorrectly processed by the bank as a $400 disbursement. Required: 1. Prepare a bank reconciliation for the month of July. 2. Prepare the necessary journal entries at the end of July to adjust the general ledger cash account. Use the miscellaneous expense account to record the bank service charges. Complete this question by entering your answers in the tabs below. Prepare a bank reconciliation for the month of July. 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 journat entry required" in the first account field. Journal entry worksheet Record the adjustment to allowance for uncoliectible accounts. boler finter ditats belore ondits. Complete this question by entering your answers in the tabs below. Prepare a bank reconcliation for the month of July. Prepare the necessary journal entries at the end of July to adjust the general ledger cash account. Use the miscellaneous expense account to record the bank service charges: Note: if no entry is required for a transaction/event, select "No journal entry required" in the first account field Journal entry worksheet 2 Record the debits to cash revealed by the bank reconciliation. Note: Enter debits before credits: 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 1.30%. 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 receivable written off during 2024. 3. If the company uses the direct write-off method, what would bad debt expense be for 2024