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The following summarizes the aging of accounts recelvable for Johnston Supplies, Inc. as of July 31, 2019: Total Accounts Historical t Uncollectible Number of Days
The following summarizes the aging of accounts recelvable for Johnston Supplies, Inc. as of July 31, 2019: Total Accounts Historical t Uncollectible Number of Days Unpaid Receivable Not yet due 1-30 days past 31-60 days past due Over 60 days past due $128,100 90,800 55,200 33,400 2% due 128 368 Required: a. The unadjusted balance of the Allowance for Doubtful Accounts of Johnston Supplies, Inc. is a credit balance in the amount of $29.427 on July 31, 2019. Prepare the required adjusting entry to record Bad Debt Expense for the year b. Johnston Supplies, Inc. writes off $3,241 of uncollectible accounts on August 15, 2019. 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, 2019. Complete this question by entering your answers in the tabs below RequiredA 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 $29,427 on July 31, 2019. Prepare the required adjusting entry to record Bad Debt Expense for the year. Complete this question by entering your answers in the tabs below. Required ARequired B Required C The unadjusted balance of the Allowance for Doubtful Accounts of Johnston Supplies, Inc. is a credit balance in the amount of $29,427 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. Nobe: Enter debits before credits. Date General Journal Debit Credit July 31, 2019 Record entry Clear entry View general journal Complete this question by entering your answers in the tabs below. Required A Required BRequired C Johnston Supplies, Inc. writes off $3,241 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. Nobe: Enter debits before credits. Date General Journal Debit Credit August 15, 2019 Record entry Clear entry View general journal Required a. The unadjusted balance of the Allowance for Doubtful Accounts of Johnston Supplies, Inc. is a credit balance in the amount of $29,427 on July 31, 2019. Prepare the required adjusting entry to record Bad Debt Expense for the year. b. Johnston Supplies, Inc.writes off $3,241 of uncollectible accounts on August 15, 2019. 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, 2019 Complete this question by entering your answers in the tabs below Required A Required BRequired C Use a T-account to determine the account balance in the Allowance for Doubtful Accounts on August 15, 2019 Allowance for Doubtful Accounts
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