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Prepare an aging schedule to determine the total estimated uncollectibles at March 31. Age of Accounts Amount % Estimated Uncollectible 5160 0-30 days $258,000
Prepare an aging schedule to determine the total estimated uncollectibles at March 31. Age of Accounts Amount % Estimated Uncollectible 5160 0-30 days $258,000 2% 4580 31-60 days 45,800 10% 9780 61-90 days 32,600 30% 13650 Over 90 days 27,300 50% $ 33170 eTextbook and Media List of Accounts Attempts: 1 of 15 used (b) Prepare the adjusting entry at March 31 to record the credit losses for the period. (List debit entry before credit entry. Credit account titles are automatically indented when 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 Debit Credit Mar. 31
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