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Number of Days Outstanding 91- Total 0-30 61- 31-60 90 120 Accounts receivable $392,000 $250,000 $77,000 $45,000 $20,000 2% Estimated % uncollectible 6% 10% 20%

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Number of Days Outstanding 91- Total 0-30 61- 31-60 90 120 Accounts receivable $392,000 $250,000 $77,000 $45,000 $20,000 2% Estimated % uncollectible 6% 10% 20% The unadjusted balance in Allowance for Doubtful Accounts is a debit of $5,000. Do NOT use Dollar signs or commas in your responses. Using the above aging schedule, the estimated uncollectible accounts is Record the bad debt adjusting entry using the above information Debit Credit In the following year, $19,000 of the outstanding accounts receivable is determined to be uncollectible. Record the write off of the uncollectible accounts. Debit

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