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Question 2 of 4 12.5/25 Bramble Publishers, uses the allowance method to estimate uncollectible accounts receivable. The company produced the following aging of the accounts

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Question 2 of 4 12.5/25 Bramble Publishers, uses the allowance method to estimate uncollectible accounts receivable. The company produced the following aging of the accounts receivable at year-end (Vin thousands). (a) Your answer is correct. Calculate the total estimated bad debts based on the below information Nur Total 0-30 31-60 Accounts receivable 227.100 84,200 49.900 % uncollectible 2% 5% Estimated Bad debts 13875 1634 2495 Question 2 of 4 > 12.5/25 Bramble Publishers, uses the allowance method to estimate uncollectible accounts receivable. The company produced the following aging of the accounts receivable at year-end ( in thousands). (a) Your answer is correct. Calculate the total estimated bad debts based on the below information Number of Days Outstanding 31-60 61-90 91-120 Over 120 49.900 $21,800 43.000 28.200 9% 21% 5% 6% 2538 4578 2495 2580 12.5/25 INI (b) - (d) (b) (c) Prepare the year-end adjusting journal entry to record the bad debts using the aged uncollectible accounts receivable determined in (a), Assume the current balance in Allowance for Doubtful Accounts is a 18.400 debit. of the above accounts, 5.100 is determined to be specifically uncollectible. Prepare the journal entry to write off the uncollectible account. The company collects $5,100 subsequently on a specific account that had previously been determined to be uncollectible in (a. Prepare the journal entries necessary to restore the account and'record the cash collection (d) a (Credit account titles are automatically indented when amount is entered. Do not indent manually) Debit Credit No Account Titles and Explanation (b) 12.5/25 III No Account Titles and Explanation Debit Credit (b) ) c) ( (d) (To reverse write-off) To record collection of write off.)

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