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just 14 please During the year, the company had cash sales of $25,600 and credit sales of $41,800, Thele Accounts Receivable balance at yearend was

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During the year, the company had cash sales of $25,600 and credit sales of $41,800, Thele Accounts Receivable balance at yearend was $5,500 and the unadjusted credit balance in Allowance for Doubtful Accounts (ADA) was $46. Part A Facts (percentage of credit sales method): The company currently uses the percentage of credit sales method. Historically, bad debts have approximated 3% of credit sales. Part B Facts (aging method): Assume instead that the company uses the aging of accounts receivable method. The yearend accounts receivable balance consisted of the following buckets: 0-30 days $2,800, 31-60 days $1,300,61-90 days $900, and 90+ days $500. The company applies the following percentages respectively, 10%, 20%, 35%, and 50% to the ending AR balances. Use Part A facts to answer 2 questions below. Then use Part B facts to answer the 3 questions after that D Question 13 3 pts Part A Question 1 Using the information above, prepare the adjusting journal entry. DR CR Question 14 2nts MacBook Air Part A Question 1 Using the information above, prepare the adjusting journal entry. DR CR Question 14 2 pts Part A, Question 2 Determine the ending balance in the Allowance for Doubtful Accounts account after the journal entry is recorded (answer 1] D Question 15 9 pts Part B. Question 1 Prepare the aging schedule by inserting a table. B1AAI. E. 2013 1 1201 HTML Edtom Parara Mac

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