MAX 11 29 On December 31, 2015, Andy Inc. has a debit balance of $1,500 for the Allowance for Uncollectible Accounts before any year-end adjustment. Andy Inc. also has the following information for its accounts receivable and the estimated percentages of bad debts for different past due amounts: Age Group (days past due) Accounts Receivable Estimated Percent Uncollectible 0-30 $50,000 5% 31-60 $20,000 10% 61-90 $10,000 20% What is the amount of bad debt expense to be reported on Andy Inc's financial statements for 2015? 6000 8000 5000 No answer text provided. 12 25 McConnell's Bakeries had the following balances on December 31, 2015, before any adjustment: Accounts Receivable - $100,000: Allowance for Uncollectible Accounts - $4,100 (credit). McConnell's estimates uncollectible accounts based on an aging of accounts receivable as shown below: Age Group Accounts Estimated Percent Uncollectible (days past due) Receivable Notte $50 12 29 McConnell's Bakeries had the following balances on December 31, 2015, before any adjustment: Accounts Receivable - $100,000: Allowance for Uncollectible Accounts = $4,100 (credit). McConnell's estimates uncollectible accounts based on an aging of accounts receivable as shown below: Age Group Accounts Estimated Percent (days past due) Receivable Uncollectible Not yet due $50,000 0-30 $20,000 8% 31-60 $18,000 More than 60 $12,000 40% What amount of bad debt expense did McConnell's record in its December 31, 2015, adjustment to the allowance account? 15300 10200 6100 No answer text provided DR 13