On December 31, 2018, the Accounts receivable balance of Questor Application Inc is $199,000. The Allowance for uncollectible accounts has a S5 200 credit balance. Questor Application Inc prepares the following aging schedule for its accounts receivable: (Click the icon to view the aging schedule.) Read the requirements. WULFHIME Date Credit Accounts 31Bad debt expense Allowance for uncollectible accounts Debit 14,025 Der 14,025 Now calculate the resulting ending balance using the following T-account. Allowance for uncollectible accounts Bal before any 5,200 14,025 Ady entry Bal eller edy. B,B26 Requirement 2. Assume that instead of a $5,200 credit balance, the Allowance account has a $1,300 debit balance before adjustment. Journalize the year-end adjusting entry for uncollectible accounts on the basis of the aging schedule. Calculate the resulting ending balance of the Allowance account based on the account aging. Shaw the T-account for the Allowance on December 31, 2018 Begin by recording the year-end adjusting entry for uncollectible accounts in the journal(Record debits first, then credits. Exclude explanations from any joumal entries.) Date Debit Credit Journal Entry Accounts 31 Accounts receivable Allowance for uncollectible accounts Dec Now calculate the resulting ending balance using the following T-account. Allowance for uncollectible accounts Bal before a Adjenby Sal aller ady. Choose from any list or enter any number in the input fields and then continue to the next question. On December 31, 2018, the Accounts receivable balance of Questor Application Inc is $199,000. The Allowance for uncollectible accounts has a S5 200 credit balance. Questor Application Inc prepares the following aging schedule for its accounts receivable: (Click the icon to view the aging schedule.) Read the requirements. WULFHIME Date Credit Accounts 31Bad debt expense Allowance for uncollectible accounts Debit 14,025 Der 14,025 Now calculate the resulting ending balance using the following T-account. Allowance for uncollectible accounts Bal before any 5,200 14,025 Ady entry Bal eller edy. B,B26 Requirement 2. Assume that instead of a $5,200 credit balance, the Allowance account has a $1,300 debit balance before adjustment. Journalize the year-end adjusting entry for uncollectible accounts on the basis of the aging schedule. Calculate the resulting ending balance of the Allowance account based on the account aging. Shaw the T-account for the Allowance on December 31, 2018 Begin by recording the year-end adjusting entry for uncollectible accounts in the journal(Record debits first, then credits. Exclude explanations from any joumal entries.) Date Debit Credit Journal Entry Accounts 31 Accounts receivable Allowance for uncollectible accounts Dec Now calculate the resulting ending balance using the following T-account. Allowance for uncollectible accounts Bal before a Adjenby Sal aller ady. Choose from any list or enter any number in the input fields and then continue to the next
