The following summarizes the aging of accounts receivable for Johnston Supplies, Incorporated as of July 31, 2022:

Number of Days Unpaid	Total Accounts Receivable	Historical % Uncollectible
Not yet due	$ 127,800	3%
1 to 30 days past due	90,500	13%
31 to 60 days past due	54,900	19%
Over 60 days past due	33,100	34%

Required:

1. The unadjusted balance of the Allowance for Doubtful Accounts of Johnston Supplies, Incorporated is a credit balance in the amount of $29,337 on July 31, 2022. Prepare the required adjusting entry to record Bad Debt Expense for the year.
2. Johnston Supplies, Incorporated writes off $3,211 of uncollectible accounts on August 15, 2022. 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, 2022.

Chapter 8. Homework A Saved Help The following summarizes the aging of accounts receivable for Johnston Supplies, Incorporated as of July 31, 2022: 5 Number of Days Unpaid Not yet due 1 to 30 days past due 31 to 60 days past due Over 60 days past due Total Accounts Receivable $ 127,800 90,500 54,900 33, 100 Historical % Uncollectible 3% 13% 19% 34% Required: a. The unadjusted balance of the Allowance for Doubtful Accounts of Johnston Supplies, Incorporated is a credit balance in the amount of $29,337 on July 31, 2022. Prepare the required adjusting entry to record Bad Debt Expense for the year. b. Johnston Supplies, Incorporated writes off $3,211 of uncollectible accounts on August 15, 2022. Prepare the required adjusting entry to record the write-off. c. Use a T-account to determine the account balance in the Allowance for Doubtful Accounts on August 15, 2022. Complete this question by entering your answers in the tabs below. Required A Required B Required C The unadjusted balance of the Allowance for Doubtful Accounts of Johnston Supplies, Incorporated is a credit balance in the amount of $29,337 on July 31, 2022. Prepare the required adjusting entry to record Bad Debt Expense for the year. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet > Record the adjusting entry to record bad debt expense for the year July 31, 2022