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Adjustment for uncollectible accounts

Below is the aging of receivables schedule for Evers Industries.

Aging of Receivables Schedule

November $30$

Customer Balance Not

Past Due $1-30$

Days

Past Due $31-60$

Days

Past Due $61-90$

Days

Past Due Over $90$

Days

Past Due

Subtotals $670,300395,500147,50060,30033,50033,500$

Boyd Industries $13,40013,400$

Hodges Company $21,80021,800$

Kent Creek Inc. $7,4007,400$

Lockwood Company $10,90010,900$

Van Epps Company $24,70024,700$

Totals $748,500420,200158,40067,70055,30046,900$

Percentage uncollectible $1\%5\%20\%30\%45\%$

Allowance for Doubtful Accounts $63,3574,2027,92013,54016,59021,105$

Assume that the allowance for doubtful accounts for Evers Industries has a credit balance of $ $13,305$ before adjustment on July $31.$

Journalize the adjusting entry for uncollectible accounts as of July $31.$ If an amount box does not require an entry, leave it blank.

DateAccountDebitCredit

July $31$

Bad Debt Expense

Allowance for Doubtful Accounts