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Number of Days Outstanding Accounts Receivable Estimated % Uncollectible 0-45 days $ $767,000 2% 46-90 days 226,000 4% Over 90 days 112,000 15% Total List

image text in transcribed Number of Days Outstanding Accounts Receivable Estimated % Uncollectible 0-45 days $ $767,000 2% 46-90 days 226,000 4% Over 90 days 112,000 15% Total List of Accounts Question Part Score (b) $1,105,000 Total Estimated Uncollected Accounts 15340 9040 16800 $ 41180 Attempts: 1 of 1 used 0/6 Prepare the adjusting journal entry to record bad debts expense at June 30 assuming that Vermillion's allowance for doubtful accounts had a credit balance of $12,140 before adjustment. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation June 30 Debit Credit

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