The following summarizes the aging of accounts receivable for Johnston Supplies, Incorporated as of July 31, 2022: Total Accounts Historical Number of Days Unpaid Receivable Uncollectible Not yet due $ 127, 100 48 1 to 30 days past due 89,800 110 31 to 60 days past due 54,200 174 Over 60 days past due 32,400 368 Required: a. The unadjusted balance of the Allowance for Doubtful Accounts of Johnston Supplies, Incorporated is a credit balance in the amount of $29,127 on July 31, 2022. Prepare the required adjusting entry to record Bad Debt Expense for the year. b. Johnston Supplies, Incorporated writes off $3,141 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 $29,127 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 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 $29,127 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 fist Journal entry worksheet Record the adjusting entry to record bad debt expense for the year July 31, 2022. Note: Enter debits before credits General Journal Debit Credit Date July 31, 2022 Record entry Clear entry View general Journal Required A Required B Required Johnston Supplies, Incorporated writes off $3,141 of uncollectible accounts on August 15, 2022. Prepare the required adjusting entry to record the write-off. (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 entry to write-off uncollectible accounts, Note: Enter debits before credits Dato August 15, 2022 General Journal Debit Credit Record entry Clear entry View general Journal The following summarizes the aging of accounts receivable for Johnston Supplies, Incorporated as of July 31, 2022: Total Accounts Historical Number of Days Unpaid Receivable Uncollectible Not yet due $ 127,100 45 1 to 30 days past due 89,800 116 31 to 60 days past due 54,200 178 Over 60 days past due 32,400 360 Required: a. The unadjusted balance of the Allowance for Doubtful Accounts of Johnston Supplies, Incorporated is a credit balance in the amount of $29,127 on July 31, 2022. Prepare the required adjusting entry to record Bad Debt Expense for the year. b. Johnston Supplies, Incorporated writes off $3141 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 Use a T-account to determine the account balance in the Allowance for Doubtful Accounts on August 15, 2022. Allowance for Doubtful Accounts Debit Credit Beginning Balance Ending Balance
