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Not 1-30 31-60 61-90 O Past Days Days Days Customer Balance Due Past Due Past Due Past Due Pa Subtotals 1,050,000 600,000 220,000 115,000
Not 1-30 31-60 61-90 O Past Days Days Days Customer Balance Due Past Due Past Due Past Due Pa Subtotals 1,050,000 600,000 220,000 115,000 85,000 Boyd Industries 36,000 Hodges Company 11,500 Kent Creek Inc. 6,600 11,500 6,600 Lockwood Company 7,400 7,400 Van Epps Company 13,000 13,000 Totals 1,124,500 607,400 233,000 121,600 96,500 66, Percentage uncollectible 1% 3% 12% 30% 7 Allowance for Doubtful Accounts 106,106 6,074 6,990 14,592 28,950 49,5 Assume that the allowance for doubtful accounts for Evers Industries has a credit balance of $8,240 before adjustment or Journalize the adjusting entry for uncollectible accounts as of July 31. If an amount box does not require an entry, leave it July 31 Bad Debt Expense Allowance for Doubtful Accounts Feedback Check My Work When using the allowance method, the balance of the allowance account after the adjusting entry should be the proper Check My Work All work saved.
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