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Following are transactions for Ridge Company. Mar. 21 Accepted a $14,400, 180-day-89 note from Tamara Jackson in granting a time extension on her past-due ac

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Following are transactions for Ridge Company. Mar. 21 Accepted a $14,400, 180-day-89 note from Tamara Jackson in granting a time extension on her past-due ac receivable. Sept. 17 Jackson dishonored her note. Dec. 31 After trying several times to collect, Ridge Company wrote off Jackson's account against the Allowance Doubtful Accounts. Complete the table to calculate the interest amounts at September 17 and use the calculated value to prepare your journal ento not round intermediate calculations. Round your final answers to nearest whole dollar. Use 360 days a year.) Complete this question by entering your answers in the tabs below. Interest Amounts General Journal Complete the table to calculate the interest amounts at September 17 Total Through Maturity Principal Rate (%) Time Total interest General Journal KineADIO > Next > 7 of 16 !!! VSE WIE IUIU WITTY HITI HOLUI TUI HE CACILISES VEUW. The following information applies to the questions displayed below] Daley Company prepared the following aging of receivables analysis at December 31 Days Pant Due Total $660,000 Accounts receivable Percent uncollectible $414,000 15 1 to 30 31 to 60 61 to 90 $108,000 $54,000 $36,000 25 58 Ove 90 $13,000 105 Exercise 9-8 Aging of receivables method LO P3 receivable a. Complete the below table to calculate the estimated balance of Allowance for Doubtful Accounts using aging of accounts b. Prepare the adjusting entry to record Bad Debts Expense using the estimate from part a. Assume the unadjusted balance in the Allowance for Doubtful Accounts is a $5.400 credit. c. Prepare the adjusting entry to record bad debts expense using the estimate from part a. Assume the unadjusted balance in the Allowance for Doubtful Accounts is a $1.900 debit. Complete this question by entering your answers in the tabs below. Req A Req Bandc Complete the below table to calculate the estimated balance of Allowance for Doubtful Accounts using aging of accounts receivable. Accounts Receivable Percent Uncollectible (%) Not due 1 to 30 Exercise 9-6 Percent of sales method; write-off LO P3 At year-end (December 31). Chan Company estimates its bad debts as 0.60% of its annual credit sales of $662,000. Chan records Bad Debts Expense for that estimate. On the following February 1, Chan decides that the $331 account of P. Park is uncollectible a writes it off as a bad debt. On June 5, Park unexpectedly pays the amount previously written off. Prepare Chan's Journal entries for the transactions. View transaction ist Journal entry worksheet Record the estimated bad debts expense. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31 View general journal Clear entry Record entry

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