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Total $494,000 Accounts receivable Number of Days Outstanding 31-60 61-90 91-120 $91,000 550,000 $17,000 0-30 $325,000 Over 120 $11,000 % uncollectible 196 4% 5% 8%
Total $494,000 Accounts receivable Number of Days Outstanding 31-60 61-90 91-120 $91,000 550,000 $17,000 0-30 $325,000 Over 120 $11,000 % uncollectible 196 4% 5% 8% 119 Estimated bad debts 11.960 3.250 3.640 2,500 1.360 1,210 Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO VIDEO by www.mm Delt C 5WV_FON 01 PB Gick you would be to Show Work for this the b) Prepare the year and adjusting journal entry to record the bad detta using the welcolectible accounts receivabletamined above. Aime the balance in Allowance for outfi Acasa $1.000 (Chi matically indented when amounts De not ideally Anunt Tides and planation Det Credit 5WY POG_01_Part Click if you would like to show Work for this question wedi Attempts of 10
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