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Problem 9-03A a-c Presented below is an aging schedule for Novak Company Number of Days Past Due Over 90 Not Yet Due Total 1-30 31-60

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Problem 9-03A a-c Presented below is an aging schedule for Novak Company Number of Days Past Due Over 90 Not Yet Due Total 1-30 31-60 61-90 Customer Anders Blake Coulson Deleon Others $11,100 $12,300 $ 23,400 41,800 41,800 56,800 33,200 5,200 16,700 $34,900 $33,200 6,000 $288,300 $154,100 $33,200 $26,900 $34,900 $39,200 133,100 95,600 16,900 14,600 Estimated Percentage Uncollectible Total Estimated Bad Debts 48% 3% 5% 13% 26% $37,670 4,623 $1,660 $3,497$9,074 $18,816 At December 31, 2020, the unadjusted balance in Allowance for Doubtful Accounts is a credit of $11,900 Your answer is incorrect. Try again. Journalize the adjusting entry for bad debts on December 31, 2021, assuming that the unadjusted balance in Allowance for Doubtful Accounts is a debit of $780 and the aging schedule indicates that total estimated bad debts will be $29,600. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles Debit Date Credit Dec. 31 Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS

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