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following aging schedule for is accounts recomable (i) iClick the icon to view the aging achedule.) Required 1. Joumalze the adjusting entry tor doubtful accounds

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following aging schedule for is accounts recomable (i) iClick the icon to view the aging achedule.) Required 1. Joumalze the adjusting entry tor doubtful accounds based on the aging schedub show the Faccount for the alowance at becenber 3t, 2023 2. Show how Stewart Eloctionics wil report Accounts Recotvable on its Decimber 31, 2023, balance sheet 3. Suppose al the facts of this sAuation are the same except that Alowance toi Douttful Accounts has a 51,000 dobit balance Cakulate the amount of the adjusting entry? Requirement 1. Joumalze the adjusting entry for douttful accounthbased on the aging schodule. Show the T-account for the alowance at December 31, 2003 Begin by jpumalcing the adjusting entry (Record debits first, then eredits. Exclude explanations from joumsi entries) Now prepare the Taccount for Aowance for Doubethil Accounts. (If a box is net used in the T-account, leave the box ompty; do not enter a zero. Abbreviations used Bat = Balance, adj = adjustments.) Aging Schedule Allowance for Doubtful Accounts Requirement 2. Show how Stewart Electronics will report Accounts Receivable on its December 31, 2023, balance sheet. Stewart Electronics Balance Sheet (partial) December 31,2023 Accounts recevable, net Allowance for Doubtful Accounts: Credit balance needed Unadjusted balance Adysting ontiy amount

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