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Question 4 of 7 -/1 = View Policies Current Attempt in Progress Presented below is an aging schedule for Concord Corporation at December 31, 2021
Question 4 of 7 -/1 = View Policies Current Attempt in Progress Presented below is an aging schedule for Concord Corporation at December 31, 2021 Number of Days Past Due Customer Not Yet Due Over 90 61-90 1-30 $11,200 31-60 $13,700 Aneesh Bird Cope De Spears Others Total $ 24,900 33,600 58,500 33,300 125,600 $275.900 $33,600 6,800 5,800 $45,900 $33,300 15,200 $32,200 7% $45.900 $33,300 97,100 $137.500 3% $ 4,125 13,300 $27,000 12% $3,240 Estimated Percentage Uncollectible Total Estimated Bad Debts 24% 6096 $ 40,615 $2,254 $ 11,016 $19.980 At December 31, 2021, the unadjusted balance in Allowance for Doubtful Accounts is a credit of $13,000. (a) Journalize the adjusting entry for bad debts at December 31, 2021. (Credit account titles are automatically indented when amount D o SO DDO 000 FE 18 Dll TE 38 % & - 3 4 5 6 7 8 9 0 R T E Y U 0 Question 4 of 7 -/1 (a) Journalize the adjusting entry for bad debts at December 31, 2021. (Credit account titles are automatically indented when amount is entered: Do not indent manually.) Date Account Titles Debit Credit Post the adjusting entry for bad debts at December 31, 2021. Bad Debt Expense Allowance for Doubtful Accounts
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