I know this may look like 3 problems it is one. The professor just decided to break it up into small parts. Id really appreciate it if you could do all 4. Thank you so much in advance - LD
Homework Saved Days Past Due Accounts receivable Percent uncollectible Total $570,000 $396,000 15 1 to 30 31 to 60 61 to 99 Over 90 $90,000 $36,000 $18,000 $30,000 29 55 10 a. Complete the table below to calculate the estimated balance of Allowance for Doubtful Accounts using aging of accounts receivable. b. Prepare the adjusting entry to record Bad Debts Expense using the estimate from part a Assume the unadjusted balance in the Allowance for Doubtful Accounts is a $3,600 credit c. Prepare the adjusting entry to record bad debts expense using the estimate from part a Assume the unadjusted balance in the Allowance for Doubtful Accounts is a $100 debit Complete this question by entering your answers in the tabs below. Reg A Re Band Complete the table below to calculate the estimated balance of Allowance for Doubtful Accounts using aging of accounts receivable Accounts Percent receivable uncollectible (6) Not dus 1 to 30 3160 61 to 90 Over Estimated balance of allowance for uncollect X Red Ban> MacBook Air . ** :* 82 :P A & 7 0 9 8 % 5 $ 4 # 3 ! 1 6 2 0 Y U 1 R E W Q L J H G F D A S 1 2 Record estimated bad debts assuming that Allowance for Doubtful Accounts has a $3,600 credit balance 1 Note: Enter debits before credits Debit General Journal Date Credit Dec 31 VEL Recorder cincent ts b. Prepare the adjusting entry to record Bad Debts Expense using the estimate from part a. Assume the unadjusted balance in the Allowance for Doubtful Accounts is a $3,600 credit. c. Prepare the adjusting entry to record bad debts expense using the estimate from part a. Assume the unadjusted balance in the Allowance for Doubtful Accounts is a $100 debit. Show less eBook View transaction list Hint Journal entry worksheet Print Record estimated bad debts assuming that Allowance for Doubtful Accounts has a $100 debit balance eferences Note: Enter debits before credits General Journal Debit Credit Date Dec 31 View.central Record entry Clearente Pro 8 of 9 38: Next > Homework Saved Days Past Due Accounts receivable Percent uncollectible Total $570,000 $396,000 15 1 to 30 31 to 60 61 to 99 Over 90 $90,000 $36,000 $18,000 $30,000 29 55 10 a. Complete the table below to calculate the estimated balance of Allowance for Doubtful Accounts using aging of accounts receivable. b. Prepare the adjusting entry to record Bad Debts Expense using the estimate from part a Assume the unadjusted balance in the Allowance for Doubtful Accounts is a $3,600 credit c. Prepare the adjusting entry to record bad debts expense using the estimate from part a Assume the unadjusted balance in the Allowance for Doubtful Accounts is a $100 debit Complete this question by entering your answers in the tabs below. Reg A Re Band Complete the table below to calculate the estimated balance of Allowance for Doubtful Accounts using aging of accounts receivable Accounts Percent receivable uncollectible (6) Not dus 1 to 30 3160 61 to 90 Over Estimated balance of allowance for uncollect X Red Ban> MacBook Air . ** :* 82 :P A & 7 0 9 8 % 5 $ 4 # 3 ! 1 6 2 0 Y U 1 R E W Q L J H G F D A S 1 2 Record estimated bad debts assuming that Allowance for Doubtful Accounts has a $3,600 credit balance 1 Note: Enter debits before credits Debit General Journal Date Credit Dec 31 VEL Recorder cincent ts b. Prepare the adjusting entry to record Bad Debts Expense using the estimate from part a. Assume the unadjusted balance in the Allowance for Doubtful Accounts is a $3,600 credit. c. Prepare the adjusting entry to record bad debts expense using the estimate from part a. Assume the unadjusted balance in the Allowance for Doubtful Accounts is a $100 debit. Show less eBook View transaction list Hint Journal entry worksheet Print Record estimated bad debts assuming that Allowance for Doubtful Accounts has a $100 debit balance eferences Note: Enter debits before credits General Journal Debit Credit Date Dec 31 View.central Record entry Clearente Pro 8 of 9 38: Next >
