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The following accounts receivable information pertains to Marshall Inc. Past-Due Accounts Category Receivable Total 0-30 days $91,550 31-90 days 34,230 Over 90 days 23,170 Percentage
The following accounts receivable information pertains to Marshall Inc. Past-Due Accounts Category Receivable Total 0-30 days $91,550 31-90 days 34,230 Over 90 days 23,170 Percentage Uncollectible 8% 1696 37% Determine the estimated uncollectible bad debt from Marshall Inc. Using the balance sheet aging of receivables method. Round final answer to two decimal places. Record the year end adjusting journal entry for bad debt. If an amount box does not require an entry, leave it blank. Round your answers to two decimal places, Dec 31 Bad Debt.Expense Allowance for Doubtful Accounts eBOUR Fombell, Incorporated has the following assets in its trial balance: Cash $9,000 Equipment 58,000 Accounts Receivable 2,000 Copyright 4,000 Inventory 16,000 Patent 11,000 Building 110,000 What is the total balance of its Property, Plant, and Equipment
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