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(100 FUNS) Seved Help A company has the following balances on December 31, 2021, before any year-end adjustments: Accounts Receivable = $78,000 Allowance for Uncollectible
(100 FUNS) Seved Help A company has the following balances on December 31, 2021, before any year-end adjustments: Accounts Receivable = $78,000 Allowance for Uncollectible Accounts = $1,400 (credit). The company estimates uncollectible accounts based on an aging of accounts receivable as shown below: Age Group Hot yet due 0 - 30 days past doo 31 - 90 days past due More than 90 days past due Total Estimated Amount Percent Receivable Uncollectible $43,000 21 20,000 150 12,000 608 3,000 808 $78,000 Record the adjustment for uncollectible accounts on December 31, 2021. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction let Journal entry worksheet Record the adjustment for uncollectible accounts. Note: Enter debits before credits Date Dec 31, 2021 General Journal Debit Credit Machool
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