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Question 6 Blush Company had a $400 debit balance in Allowance for Doubtful Account December 200 the current year's provision for uncollectible accounts. Ang of
Question 6 Blush Company had a $400 debit balance in Allowance for Doubtful Account December 200 the current year's provision for uncollectible accounts. Ang of the accounts reche following: Estimated Percentage Uncollectible Current Accounts $170,000 2% 1-30 days past due 15,000 3% 31-60 days past due 12.000 5% 61-90 days past due 5,000 15% Over 90 days past due 9.000 25% Total Accounts Receivable $211.000 Requirement: 1. Calculate the uncollectible amount. Show your work. 2. Prepare the adjusting entry on December 31, 2020, to recognize bad debts expense
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