The following summarizes the aging of accounts recelvable for Johnston Supplles, Inc. as of July 31, 2019 Total Historical % Nunber of Days Unpaid Uncollectible Not yet due 1-38 days past due 31-68 days past due Over 68 days past due $127,800 98,588 54,988 33, 188 3% 13% 19% 34% Required: a. The unadjusted balance of the Allowance for Doubtful Accounts of Johnston Supplies, Inc. is a credit balance In the amount of $29,337 on July 31, 2019. Prepare the requlred adjusting entry to record Bad Debt Expense for the year. b. Johnston Supplies, Inc. wrtteG Off $3.211 Of uncollectible accounts on August 15, 2019. Prepare the required adjusting entry to reco 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 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 29,337 on July 31, 2019. Prepare the required adjusting entry to record Bad Debt Expense for the year. new transaction lst Journal entry worksheet Record the adjusting entry to record bad debt expense for the year July 31, 2019 Note: Enter debits before credits. July 31, 2019 Record entry Clear entry Vew general journal The following summarizes the aging of accounts recelvable for Johnston Supplles, Inc. as of July 31, 2019 Total Accounts Historical % Nunber of Days Unpaid Uncollectible Not yet due 1-38 days past due 31-68 days past due Over 68 days past due $127,800 98,508 54,988 33,108 3% 13% 19% 34% polnts 99Required: a. The unadjusted balance of the Allowance for Doubtful Accounts of Johnston Supplies, Inc. is a credit balance In the amount of $29,337 on July 31, 2019. Prepare the requlred adjusting entry to record Bad Debt Expense for the year. b. Johnston Supplies, Inc. writes off $3,211 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 Required B Required C Johnston Supplies, Inc. writes off $3,211 of uncollectible accounts on August 15, 2019. Prepare the required adjusting entry new transaction lst Journal entry worksheet Record the required adjusting entry to record the write-off on August 15, 2019 Note: Enter debits before credits. August 15, 2019 Record entry Clear entry Vew general journal The following summarizes the aglng of accounts recelvable for Johnston Supplles, Inc. as of July 31, 2019: Total Accounts Historical % Nunber of Days Unpaid Uncollectible Not yet due 1-38 days past due 31-68 days past due Over 68 days past due $127,800 98,588 54,988 33, 188 3% 13% 19% 34% Required: a. The unadjusted balance of the Allowance for Doubtful Accounts of Johnston Supplies, Inc. is a credit balance In the amount of $29,337 on July 31, 2019. Prepare the requlred adjusting entry to record Bad Debt Expense for the year. b. Johnston Supplies, Inc. writes off $3,211 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 Required B Required C Use a T-account to determine the account balance in the Allowance for Doubtful Accounts on August 15, 2019 Required B
