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View Insert Word File Edit Chapter 5 HomeworkU) Sue ORF AutoSave Tell me View Review Mailings References Layout Design Draw Insert 2 ome v Ao DA Calibri (Bo.. 12 ~AA B 1 U XX A 03 Pasto CHAPTER 5 HOMEWORK: Blocker Company estimates its uncollectible accounts based on an analysis of receivables. On December 31, a junior accountant prepared the following aging schedule for the company's 588,000 in outstanding receivables Estimated Uncollectible Not Due 1-30 days past due 31-60 days past due 61-90 days past dae Over 90 days past due Total Amount $58,650 13,220 8.930 4,000 3.200 $88,000 2% 4% 20% 30% SON The Allowance for Uncollectible Accounts currently has a $210 debit balance. 1. Prepare the adjusting entry to record the company's estimate of uncollectible accounts Accounts DR CR Date 2. Prepare the journal entry to write off the following accounts: T. Donaldson $ 700 Kyle 450 D. Mine 1,000 Date CR Accounts DR 3. Prepare the journal entry to record receipt of the 5450 owed by 1. Kyle Date Accounts DR CR Page 1 of 2 220 words English (United States) ... 26 ite B I U X, * ADA CHAPTER 5 HOMEWORK: Blocker Company estimates its uncollectible accounts based on an analysis of receivables. On December 31, junior accountant prepared the following aging schedule for the company's $88,000 in outstanding receivables. Estimated Uncollectible Are Interval Not Due 1-30 days past due 31-60 days past due 61-90 days past due Over 90 days past due Total Amount $58,650 13,220 8,930 4,000 3,200 $88,000 2% 4% 20% 30% 50% The Allowance for Uncollectible Accounts currently has a $210 debit balance. 1. Prepare the adjusting entry to record the company's estimate of uncollectible accounts. Date Accounts DR CR 2. Prepare the journal entry to write off the following accounts: T. Donaldson....... $ 700 Kyle 450 D. Mize 1,000 Date Accounts DR CR . I 3. Prepare the journal entry to record receipt of the $450 owed by J. Kyle. Date Accounts DR CR age 1 of 2 220 words DE English (United States) FEB