The following aging information pertains to Jacobsen Co.'s accounts receivable at December 31, 2021: Days Outstanding Amount
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The following aging information pertains to Jacobsen Co.'s accounts receivable at December 31, 2021: Days Outstanding Amount Estimated % Uncollectible 0-30 $ 420,000 2 % 31-60 140,000 % 61-120 100,000 10 % Over 120 120,000 20 % Jacobsen's December 31, 2020, allowance for uncollectible accounts was $40,000. During 2021. Jacobsen wrote $18,000 in receivables and recovered $6,000 that had been written off in priore a-Show the approprinte journal entees that would have been made in 2021 for the $6.000 recovery of previously writer of accounts receivable assuming $6,000 was collected in cash bling the balance sheet approach what amount of allowance for uncollectible accounts should Jacobsen report at December 31 2021 pregare the appropriate adjusting journal entry for December 31 2021 for the allowance for uncollectible nccounts
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