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Question 16 Compute the missing amounts for each of the following notes. (Use 360 days for Annual Interest Rate Total Interest Principal Time (a) 9%

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Question 16 Compute the missing amounts for each of the following notes. (Use 360 days for Annual Interest Rate Total Interest Principal Time (a) 9% 120 days $780 $ (b) $30,900 10% 3 years $ (c) $68,920 5 months $1,723 % (d) $62,800 8% $2,512 months LINK TO TEXT Blake Practice Problem Ota-c (Part Level Submission) Presented below is an aging schedule for Splish Brothers Inc.. Number of Days Past Due Not Over Customer Total Yet Due 1-30 31-60 61-90 90 Anders $ 22,700 $10,700 $12,000 41,600 $ 41,600 Coulson 55,600 15,000 6,500 $34,100 Deleon 34,200 $34,200 Others 132,100 96,000 16,500 14,500 5,100 $286,200 $152,600 $33,700 $26,500 $34,100 $39,300 Estimated Percentage 2% 14% 25% 55% Uncollectible Total Estimated Bad $ 38,587 $ 3,052 $1,685 Debts $ 3,710 $ 8,525 $21,615 5% At December 31, 2020, the unadjusted balance in Allowance for Doubtful Accounts is a credit of $12,000. (a) your answer is partially correct. Try again. Journalize and post the adjusting entry for bad debts at December 31, 2020. (Credit account titles are autom Date Account Titles Debit Credit K Dec 31, 2020 Bad Debt Expense 27,187 27.187 Bad Debt Expense x 12/31/20 Adj. 27,187 12/31/20 Bal 27,187 Allowance for Doubtful Accounts 12/31/20 bal 11,400 M 12/31/20 Ad). 27,187 38587 38,587 LINK TO TEXT

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