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given this information: answer part b) Current Attempt in Progress H55 Corporation has accounts recelvable of $93,900 at March 31, 2018. An analysis of the
given this information:
Current Attempt in Progress H55 Corporation has accounts recelvable of $93,900 at March 31, 2018. An analysis of the sccounts shaws these amounts. Credit terms are 2/10,n/30. At March 31, 2018, there is an unadjusted 52,600 credit balance in Allowance for Doubtful Accounts. The company uses the percentage of receivables by age category for estimating uncolectible accounts H5S 's estimates of bad debts are as shown below. (a) Prepare an aging schedule to determine the total estimated uncollectibles at March 31,2018. Prepare the adjusting entry at March 31,2018, to record bad debts expense. (Credit account tities are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) answer part b)
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