The following summarizes the aging of accounts receivable for Johnston Supplies, Inc. as of July 31, 2019:

Required:

1. The unadjusted balance of the Allowance for Doubtful Accounts of Johnston Supplies, Inc. is a credit balance in the amount of $29,247 on July 31, 2019. Prepare the required adjusting entry to record Bad Debt Expense for the year.
2. Johnston Supplies, Inc. writes off $3,181 of uncollectible accounts on August 15, 2019. Prepare the required adjusting entry to record the write-off.
3. Use a T-account to determine the account balance in the Allowance for Doubtful Accounts on August 15, 2019.

A:

B:

C.

Historical Uncollectible Number of Days Unpaid Not yet due 1-30 days past due 31-60 days past due Over 60 days past due Total Accounts Receivable $127,500 90,200 54,600 32,800 179 Required A Required B Required C The unadjusted balance of the Allowance for Doubtful Accounts of Johnston Supplies, Inc. is a credit balance in the amount of $29,247 on July 31, 2019. Prepare the required adjusting entry to record Bad Debt Expense for the year. View transaction list Journal entry worksheet Record the adjusting entry to record bad debt expense for the year July 31, 2019. Note: Enter debits before credits. General Journal Debit Credit Date July 31, 2019 Record entry Clear entry View general journal Required A Required B > Required A Required B Required C Johnston Supplies, Inc. writes off $3,181 of uncollectible accounts on August 15, 2019. Prepare the required adjusting entry to record the write-off. View transaction list Journal entry worksheet Record the required adjusting entry to record the write-off on August 15, 2019. Note: Enter debits before credits. General Journal | Debit Credit Date August 15, 2019 Record entry Clear entry View general journal ( Required A Required c > Complete this question by entering your answers in the tabs below. Required A Required B Required C Use a T-account to determine the account balance in the Allowance for Doubtful Accounts on August 15, 2019. Allowance for Doubtful Accounts ( Required B Required c )