I - Complete the table to determine the period's expense for uncollectible accounts (Baddebt Expenses). Villanueva, Inc. is a supplier of supplies. The information on the status of accounts receivable is presented below (Aging) 

Expiration Intervals	Balance	Percent	Amount
Non pastdue	345,000.00	2%
1- 30 days	96,000.00	4%
31-60 days	27,000.00	9%
61-90 days	22,000.00	15%
91-180 days	7,300.00	60%
Sobre 180 days	5,500.00	85%
Totals

Assuming a credit balance of $3,050.00 in the counter account(Allowancefordoubtfulaccounts). With what amount should we affect the account? Determine the net realizable value after adjustment. Prepare entries for period adjustment.

II - Entries to write off uncollectible accounts: Trovato, Inc., a consulting firm has decided to write off $5,000.00 from a client named: Juan Rivera. Prepare journal entries using the method: Direct Write  Off Prepare the journal entries using the method: Allowance.

III - Assume that Trovato Inc. has a note receivable with a balance of 5,000 that matures in 120 days at 15%. Prepare the journal entry at the time the company collects the note.