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of London Fashion's December 31, 2018, accounts receivable aging schedule is 17) A summary below along with the estimated percent uncollectible for each age group

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of London Fashion's December 31, 2018, accounts receivable aging schedule is 17) A summary below along with the estimated percent uncollectible for each age group ed present Amount 0-60 days 61-90 days 91-120 days Over 120 days .5 15,000 2,000 800 15.0 80.0 The allowance for uncollectible accounts had a balance of $1,600 at January 1, 2018. During the year bad debts of $1,150 were written off. (7 points) Required 1. Calculate the allowance for bad debts at the end of 2018. 2. Prepare all 2018 journal entries with respect to bad debts and the allowance for uncollectible accounts. General Journal Page 1 Account Titles and Description PR DR Date 13

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