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Homework: Week 5: Homework Save HW Score: 1.67% , 5.25 of 45 pts Score: 0 of 10 pts 6 of 6 (1 complete) P5-58A (similar
Homework: Week 5: Homework Save HW Score: 1.67% , 5.25 of 45 pts Score: 0 of 10 pts 6 of 6 (1 complete) P5-58A (similar to) EQuestion Help The September 30, 2019, records of First Data Communications include these accounts: E(Click the icon to view the September (December 31), the company ages its receivables and adiusts the balance in the Allowance for Uncollectible Accounts to correspond to the following aging schedule. 2019 account balances.) During the last quarter of 2019, the company completed the following selected transactions: used at December 31, 2019.) Click the icon to view the Accounts Receivable balance and aging schedule to Click the icon to view the selected transactions.) Read the requirements the journal. Explanations are not required. (Record debits first, then credits. Exclude explanations from any joumal entries.) Requirement 1. Record the transactions for the last quarter 2019 Wrote off as uncollectible the $1,400 account recaivable from Brown Carpets and the $800 account receivable from Old Timer Antiques. i Data Table Journal Entry Accounts Credit Date Debit Nov At September 30, 2019: Accounts Receivable 247,000 Allowance for Uncollectible Accounts (8,600) More Info Moro Info Accounts Receivable and aging schedule to be used at December 31, 20159 Wrote off as uncollectible the $1,400 account receivable from Brown Carpels and the Sa00 account Nov 30 Age of Accounts recelvable from Old Timer Antiques. 1-30 Days 31-60 Days 61-90 Days Over 90 Days Accounts Recelvable Adiusted the Allowance Dec 31 Uncollectible Accounts and recorded uncollectible-account expense at 140,000 $ 52.000 $ S233.000 20,000 S 21.000 year-end, based on the aging of receivables. Estimaled percent uncollectible 0.2% 15% 35 % 2% Done Print Print Done the input fields and then click Check Answer. Choose from any list or enter any number
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