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evendustries uses the allowance method of AR to estimate their allowance for doubtful accounts Ever Industries Estimate of Albance for Doubtful Account Days Post Due

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evendustries uses the allowance method of AR to estimate their allowance for doubtful accounts Ever Industries Estimate of Albance for Doubtful Account Days Post Due Days Post Due Net Pest Due Days Past Due Balance Days Post Due Over 90 Totalrechables 1,145,200.00 610.60000 236 000 DO 61-90 106,300.00 119,400 DO 22.300.00 20% un collectible 6.0% Allowance for doubt accounts Based on the above aging, determine their needed allowance for doubtful accounts If their current Allowance For Doubtful Accounts has a $100,000 credit balance, journalize the needed adjusting entry: Account Assume Evers has to write off $30,000 of the A/R > 90 days. Journalize the entry to write this off. Account

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