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help with past (b) Presented below is an aging schedule for Blue Spruce Corp. at December 31, 2021 Number of Days Past Due Not Yet

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help with past (b)
Presented below is an aging schedule for Blue Spruce Corp. at December 31, 2021 Number of Days Past Due Not Yet Due Over 90 Customer Total 1-30 31-60 61-90 Aneesh $22.100 $11.100 $11.000 Bird 35.100 $ 35,100 Cope 57 800 6,600 6.400 $44.800 De Spears 33,500 533 500 Others 127.000 95.300 17.100 14,600 $275,500 $137.000 $34600 $25,600 $44.800 $33.500 Estimated Percentage Uncollectible 12% 24% 60% Total Estimated Bad Debts $ 40,456 $4110 $2422 $2.72 $10.752 $20,100 At December 31, 2021. the unadjusted balance in Allowance for Doubtful Accounts as a credit of $13,000, (a) Your answer is correct Journalize the adjusting entry for bad debts at December 31, 2021. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Debit Account Titles Dec 31, 2021 Bad Debt Expen 1056 Allowance for Douth Accounts Post the adjusting entry for bad debts at December 31, 2021. Bad Debt Expense 12/31/21 Adj. 27456 12/31/21 Bal 2750 Allowance for Doubtful Accounts 12/31/21 Bal = 12/31/21 Adi Allowance for Doubtful Accounts 12/3021 Bat. 33000 12/31/21 Adj. 27456 12/31/21 Bal 40456 e Textbook and Media List of Accounts Attempts: 3 of 5 used (6) Journalize the following events and transactions in the year 2022. (Credit account titles are automatically Indented when amount is entered. Do not indent manually.) (1) March 1, a $1,100 customer balance originating in 20211s judged uncollectie 2) May 1, a check for $1,100 is received from the customer whose account was written off as uncollectible on March 31 Debit No. Date Account Titles and Explanation (1) 23 To reverse write-off . To record collection of write-om Post to the allowance account the events and transactions in the year 2022 Bad Debt Expense 12/31/21 A 27,456 12/31/21 27456 Allowance for Doubtful Accounts 12/31/21 Bal 13.000 12/31/21 Ad 27.456 12/31/21 Bal 40456 Journalize the following events and transactions in the year 2022. (Credit account tities are automatically Indented when amount is entered. Do not indent manually) (1) March 1, a $1,100 customer balance originating in 2021 is judged uncollectible (2) May 1.a check for $1.100 is received from the customer whose account was written alt as uncollectible on March 31 No. Date Account Titles and Explanation Debit (1) (2 (2) To reverse write-otr (To record collection of write-on Post to the allowance account the events and transactions in the year 2022. Bad Debt Expense 27,456 12/31/21 Adi 12/31/21 27,456 Allowance for Doubtful Accounts 12/31/21 Bal 13,000 12/31/21 Adi 27,456 12/31/21 Bal 40,456 eTextbook and Media List of Accounts Attempts: 0 of 5 used Submit Answer Save for later The parts of this question munt be completed in order. This part will be available when you complete the part above

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