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Problem 9-3A (Part Level Submission) Presented below is an aging schedule for Halleran Company Number of Days Past Due Customer Toal30 -60 Not Over Total
Problem 9-3A (Part Level Submission) Presented below is an aging schedule for Halleran Company Number of Days Past Due Customer Toal30 -60 Not Over Total Yet Due 1-3031-60 61-9090 Anders Blake Coulson Deleon Others $ 23,600ARA $10,300$13,300 39,500 $39,500 57,30015,7006,100 34,400 35,500 34,400 287,700 $151,800 $32,400 $26,600 $35,500$41,400 6% 13% 24% 48% 132,90096,600 16,000 13,300 7,000 Estimated Percentage Uncollectible 1% Total Estimated Bad Debts 35,3121,5181,944 3,458 8,520 $19,872 At December 31, 2017, the unadjusted balance in Allowance for Doubtful Accounts is a credit of $12,500. (a) Journalize and post the adjusting entry for bad debts at December 31, 2017. (Credit account titles are automatically inder when amount is entered. Do not indent manually. Debit Credit Date Account Titles Dec. 31 Return to Blackboard Weygandt, Accounting Principles, 12e Helo I System Announcements.( Unread) PRINTER VERSIO ES At December 31, 2017, the unadjusted balance in Allowance for Doubtful Accounts is a credit of $12,500. 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 dy DebitCredit Dec. 31 Bad Debts Expense Ref. Debit Dec. 31 Adjusting Allowance for Doubtful Accounts Date Explanation Ref. Debit Credit Balance Dec. 31 Balance Dec.31 Adjusting Show Work is REQUIRED for this question: Den Show Work By accessing this Question Assistance, you will leam while you earn points based on the Point Potential Policy set by your G Search or type URL 3 4
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