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History Bookmarks People Tab Window Help Mail-Seelbach, Grex ACC 2361 - Chapter X Pearson Sign In x Assignments: ACC2 X M Inbox - graces ucation.com/ext/map/index.html?_conecon&external_browser-launchuriahttps%253A%252F%252Fnewconnect.mheducation.com

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History Bookmarks People Tab Window Help Mail-Seelbach, Grex ACC 2361 - Chapter X Pearson Sign In x Assignments: ACC2 X M Inbox - graces ucation.com/ext/map/index.html?_conecon&external_browser-launchuriahttps%253A%252F%252Fnewconnect.mheducation.com Veb TRACS CANVAS Greek SiMnet Connect Math TXST Email Google Q Quizlet myloneStar Saved [The following information applies to the questions displayed below.) Web Wizard, Inc., has provided information technology services for several years. For the first two months of the current year, the company has used the percentage of credit sales method to estimate bad debts. At the end of the first quarter, the company switched to the aging of accounts receivable method. The company entered into the following partial list of transactions during the first quarter. a. During January, the company provided services for $47,000 on credit. b. On January 31, the company estimated bad debts using 2 percent of credit sales. c. On February 4, the company collected $23.500 of accounts receivable. d. On February 15, the company wrote off a $150 account receivable. e. During February, the company provided services for $37,000 on credit. f On February 28, the company estimated bad debts using 2 percent of credit sales. g. On March 1, the company loaned $2,600 to an employee, who signed a 6% note, due in 6 months. h. On March 15, the company collected $150 on the account written off one month earlier. i On March 31, the company accrued interest earned on the note. J. On March 31, the company adjusted for uncollectible accounts, based on an aging analysis (below). Allowance for Doubtful Accounts has an unadjusted credit balance of $1,270. $ 110 Number of Days Unpaid 31-60 61-90 Over 90 $ 90 $ 30 $ 470 9.100 1.100 900 Customer Alabama Tourism Bayside Bungalows Others (not shown to save space) Xciting Xcursions Total Accounts Receivable Estimated Uncollectible (8) Total $ 230 470 18.600 390 $19,690 7.500 390 $8,000 $9, 190 100 $1.130 205 $1,370 308 w 19 MacBook Pro ODO 30 DU FB F6 FS F2 F View History Bookmarks People Tab Window Help VOM100 Fri Jun 19 7:16 PM Mall Seach, GrX ACC 2361 - Chatex Pearson Sign Ass. ACCX Connect mheducation.com/ext/map/index.html?con conexternal browser-Blochureh253A%252F%252Fnewconnect.education.com252Fctivision-grou.. CatWeb TRACS CANVAS Connect Math MSIM! TASTE O Google Q Quiet contar a The Congo Coogle Shee mework Save Ek Submit Check my work Required information calculations.) Assets Liabile Stockholders'Equity d 9 th 9 Next > 11 of 10

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