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He 11er Daley Company estimates uncollectible accounts using the allowance method at December 31. It prepared the following aging of receivables analysis. Days Past Due
He 11er Daley Company estimates uncollectible accounts using the allowance method at December 31. It prepared the following aging of receivables analysis. Days Past Due 0.66 points Total Accounts receivable Percent uncollectible 1 to 30 31 to 60 61 to 90 Over 90 585,000 $399,000 93,000 39,000 $21,000 33,000 108 21 58 78 eBook a.Complete the below table to calculate the estimated balance of Allowance for Doubtful Accounts using the aging of accounts receivable method. 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 $3,900 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 $400 debit References Complete this question by entering your answers in the tabs below. Req A Req B and C Complete the below table to calculate the estimated balance of Allowance for Doubtful Accounts using the aging of accounts recelvable method. Percent Not due 1 to 30: 31 to 60 61 to 90 Over 90 Estimated balance of allowance for uncollectibles 11 Complete this question by anterting your anawers In the tabe below Req A Req B and C ints 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 $3,900 credit. 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 $400 debit. eBook Show less View transaction list Hint Journal entry worksheet References Record estimated bad debts assuming that Allowance for Doubtful Accounts has a $3,900 credit balance. Note: Enter debits before credits General Journal Debit Credit Date Dec 31 K Prev11 of 15Next > Complete this question by entering your answers In the tabs below Req AReq B and C .66 points 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 $3,900 credit. 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 $400 debit. eBook Show less View transaction list Hint Journal entry worksheet References Record estimated bad debts assuming that Allowance for Doubtful Accounts has a $400 debit balance. Note: Enter debits before credits General Journal Date Dec 31 Debit Credit
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