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Question 18 Pina Colada Ltd. has accounts receivable of $232,100 and an unadjusted debit balance in its allowance for doubtful accounts of $610 at March
Question 18 Pina Colada Ltd. has accounts receivable of $232,100 and an unadjusted debit balance in its allowance for doubtful accounts of $610 at March 31, 2021. An analysis of the accounts receivable shows these amounts: Month of Sale Amount March (0-20) $150,300 February (31-60) 24,100 January (61-90) 32.700 October-December (over 90) 25,000 The company's percentage estimates of its uncollectible accounts are as follows: Number of Days Estimated % Outstanding Uncollectible 0-30 190 31-60 1090 61-90 3096 Over 90 609 Prepare an aging schedule to determine the total estimated uncollectibles at March 31, 2021. Number of Days Outstanding 0-30 Estimated Uncollectible Estimated Uncollectible Amount 156 31-60 % 61-90 Over 90 Debit Credit Date Account Tides and Explanation Mar. 31 SHOW LIST OF ACCOUNTS What is the carrying amount of the receivables at March 31, 2021? Carrying amount SHOW LIST OF ACCOUNTS What is the carrying amount of the receivables at March 31, 2021? Camrying amount $1 SHOW LIST OF ACCOUNTS For this part only, assume instead that the unadjusted balance in the allowance for doubtful accounts is $970 credit. Prepare any required adjusting entry when the amount is entered. Do not indent manually.) Debit Credit Date Account Titles and Explanation Mar. 31 SHOW LIST OF ACCOUNTS 2000-2020 Wien, All Rent Rodon WILL e here to search
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