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Required information The following information applies to the questions displayed below. The Company prepared the following aging of receivables analysis at December 31. Days Past

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Required information The following information applies to the questions displayed below. The Company prepared the following aging of receivables analysis at December 31. Days Past Due Total $630,000 Accounts receivable Percent uncollectible 0 1 $408,000 1% to 30 $102,000 28 31 to 60 61 to 90 $48,000 $30,000 58 7% Over 90 $42,000 10% a. Complete the below table to calculate the estimated balance of Allowance for Doubtful Accounts using aging of accounts receivable. b. Prepare the adjusting entry to record Bad Debts Expense using the estimate from part a. Assume the unadjusted balance in the Allowance for Doubtful Accounts is a $4,800 credit. c. Prepare the adjusting entry to record bad debts expense using the estimate from part a. Assume the unadjusted balance in the Allowance for Doubtful Accounts is a $1,300 debit. Complete this question by entering your answers in the tabs below. Reg A Req B and C Complete the below table to calculate the estimated balance of Allowance for Doubtful Accounts using aging of accounts receivable. Accounts Receivable Percent Uncollectible (%) Not due: 1 to 30: Required information Allowance for Doubtful Accounts is a $4,800 credit. c. Prepare the adjusting entry to record bad debts expense using the estimate from part a. Assume the unadjusted balanc Allowance for Doubtful Accounts is a $1,300 debit. Complete this question by entering your answers in the tabs below. ReqA Req B and C Complete the below table to calculate the estimated balance of Allowance for Doubtful Accounts using aging of accounts receivable. Accounts Percent Receivable Uncollectible (%) Not due 1 to 30: 31 to 60: 61 to 90: Over 90: Estimated balance of allowance for uncollectibles $ o Req B and C > Req A Reg B and C Prepare the adjusting entry to record Bad Debts Expense using the estimate from part a. Assume the unadjusted balance in the Allowance for Doubtful Accounts is a $4,800 credit. Prepare the adjusting entry to record bad debts expense using the estimate from part a. Assume the unadjusted balance in the Allowance for Doubtful Accounts is a $1,300 debit. Show less View transaction list Journal entry worksheet

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