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i am studying help (9) Marieold Inci uses the aliowance msethod to estimate uncollectables. The coenpary produced the following aging of the scrounts recelvable at
i am studying help (9)
Marieold Inci uses the aliowance msethod to estimate uncollectables. The coenpary produced the following aging of the scrounts recelvable at year-end. \{a] Calculate the total estimated uncolsectibles based an the below information. below information. (b) Prepare the year-end adjusting journal entry to record the Bad Debt Expense using the aged uncollectible accounts receivable determined in (a). Assume the unadjusted balance in Allowance for Doubtful Accounts is a \$8.200 debit. (c) Of the above accounts. 55,400 is determined to be specifcally uncollectable. Prepare the joumal entry to write off the sancollectible account (d) The company collects $5.400 subsequently on a specific account that had previously been determined to be uncollectible in (c). Prepare the journal entries necessary to restore the account and record the casti collection. N8 Acceunt Tites and Eyplanation (b) \{c\} (d) (Toreversewrite-off) Step by Step Solution
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