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Problem 9-3A (Part Level Submission) Presented below is an aging schedule for Halleran Company. Not Yet Due Number of Days Past Due Over 1-30 31-60
Problem 9-3A (Part Level Submission) Presented below is an aging schedule for Halleran Company. Not Yet Due Number of Days Past Due Over 1-30 31-60 61-90 90 $10,700 $11,200 Customer Anders Blake Coulson Deleon Others Total $ 21,900 38,800 58,300 34,300 132,500 $285,800 $ 38,800 15,700 6,700 $35,900 96,400 $150,900 15,700 $33,100 14,600 $25,800 $34,300 5,800 $40,100 $35,900 3% 5% 12% 26% 53% Estimated Percentage Uncollectible Total Estimated Bad Debts $ 39,865 $ 4,527 $ 1,655 $3,096 $ 9,334 $21,253 At December 31, 2017, the unadjusted balance in Allowance for Doubtful Accounts is a credit of $13,000. Your answer is partially correct. Try again. Journalize and post the adjusting entry for bad debts at December 31, 2017. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles Credit Dec. 31 Bad Debt Expense Allowance for Doubtful Accounts Bad Debts Expense Date Explanation Ref. Debit Credit Balance Dec. 31 Adjusting Allowance for Doubtful Accounts Date Explanation Ref. Debit Credit Balance Dec. 31 Balance Dec. 31 Adjusting Click if you would like to Show Work for this question: Open Show Work
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