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help please? Brown Cow Dairy uses the aging approach to estimate Bad Debt Expense, The balance of each account receivable is aged on the basis

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Brown Cow Dairy uses the aging approach to estimate Bad Debt Expense, The balance of each account receivable is aged on the basis of three time periods as follows: (1) 1 to 30 days old, $11,300; (2) 31 to 90 days old, $4,300; and (3) more than 90 days old, $2,300 For each age group, the average loss rate on the amount of the receivable due to uncollectibility is estimated to be (i) 5 percent, (2) 12 percent, and (3) 20 percent, respectively. At December 31 (end of the current year), the Allowance for Doubtful Accounts balance was $730 (credit) before the end-of-period adjusting entry is made. Required: 1. Prepare a schedule to estimate an approptiate year-end balance for the Allowance for Doubtful Accounts. 2. What omount of Bad Debt Expense should be recorded on December 31 ? 3. If the unadjusted bolance in the Allowance for Doubtful Accounts was a $530 debit balance, what amount of Bad Debr Expense. should be recorded on December 31 ? Brown Cow Dairy uses the aging approach to estimate Bad Debt Expense, The balance of each account receivable is aged on the basis of three time periods as follows: (1) 1 to 30 days old, $11,300; (2) 31 to 90 days old, $4,300; and (3) more than 90 days old, $2,300 For each age group, the average loss rate on the amount of the receivable due to uncollectibility is estimated to be (i) 5 percent, (2) 12 percent, and (3) 20 percent, respectively. At December 31 (end of the current year), the Allowance for Doubtful Accounts balance was $730 (credit) before the end-of-period adjusting entry is made. Required: 1. Prepare a schedule to estimate an approptiate year-end balance for the Allowance for Doubtful Accounts. 2. What omount of Bad Debt Expense should be recorded on December 31 ? 3. If the unadjusted bolance in the Allowance for Doubtful Accounts was a $530 debit balance, what amount of Bad Debr Expense. should be recorded on December 31

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