Presented below is an aging schedule for Bosworth Company.

Number of Days Past Due

Customer Total Not Yet Due 130 3160 6190 Over 90 Aneesh $ 24,100 $ 9,100 $15,000 Bird 40,200 $ 40,200 Cope 54,500 8,700 7,100 $38,700 DeSpears 37,000 $37,000 Others 157,500 88,800 46,400 22,300 $313,300 $137,700 $62,600 $37,300 $38,700 $37,000 Estimated percentage

uncollectible 4% 6% 14% 24% 60%

Total estimated

bad debts$ 45,974 $ 5,508 $3,756 $5,222 $ 9,288 $22,200

At December 31, 2013, the unadjusted balance in Allowance for Doubtful Accounts is a credit of $7,700.

Journalize the adjusting entry for bad debts at December 31, 2013. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Post the adjusting entry for bad debts at December 31, 2013.

Journalize the 2014 transactions: (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

1. March 1, a $610 customer balance originating in 2013 is judged uncollectible. 2. May 1, a check for $610 is received from the customer whose account was written off as uncollectible on March 1.

Post to the allowance account these 2014 events. (Post entries in the order of journal entries posted in the previous part.)

Allowance for Doubtful Accounts 2013 12/31 Bal. 7,700

12/31 38,274 12/31 Bal. 45,974

2014