In the attached files are the questions to be answered and the information needed to answer them. Answer all parts of the question completely.

Questions: 6-22, 6-31

EXERCISES Estimating Uncollectible Accounts and Reporting Accounts Receivable (LO1) LaFond Company analyzes its accounts receivable at December 31, and arrives at the aged categories below along with the percentages that are estimated as uncollectible. E6- 22. Age Group 0-30 days past due . 31-60 days past due 61-120 days past due . 121-180 days past due . Over 180 days past due. Accounts Receivable Estimated Loss % 90,000 20,000 11,000 6,000 4,000 1% 2 5 10 25 .. . The unused balance of the allowance for uncollectible accounts is $520 on adjustments December 31, before a ny What amount of bad debts expense will LaFond report in its income statement for the year? b. a. Use the financial statement effects template to record LaFond's bad debts expense for the year c. What is the balance of accounts receivable on its December 31 balance sheet? Analyzing and Reporting Receivable Transactions and Uncollectible Accounts (using percentage of sales method) (LO) At the beginning of the year, Penman Company had the following account balances. Accounts Receivable Allowance for Uncollectible Accounts $122,000 7,900