Trophyfik Coromit cards to spot toodete od cutters throughout the water al derfor are the following serbaty come one of races de the art Balance Hat Days Paul Due Customer 1-30 31-60 61 90 51-170 Dwer to Balance 20.51 Due . MAA Oats Down Tract Shop 7. 790 1300 260 T 900 79,700 2.300 De venture 4350 Prestatals 115 100 753.0 299 450 The first were bom the schedule Customer Due Date Adem Sp x 22 14.000 Bu Dus fler 10 5.200 Cada Ficha Sept. 2 Deschtes Spate 020 Gover Sports 3,000 ther 28 Westen trout Com Det 7300 While Sport Jan> 100 Trofores spastor inte om by ne chegory, as Percent Age Clone Uncollectible Note 19 3.30 days pastor 3 31-60 die 1 63-90 de 31 91-520 day past de Over 120 de peste quedi 1. Den of days schon immer Customer Due Dat Number of Days Paul De Adam Sandles May 22 dan Bu Dus Oct 10 Ocche 0 30 Deschte Screen Sous Sta: West Trust Company 30 Jan 20 2. Complete profile here by and the boom te when the desvik Con Ang Race Decem2017 Niat Punto Datu Dave Due Day Pa Days Custom 31-10 Aus 70,500 20,500 Brow Trostry She 7.900 7.900 135 000 Atenes 782,00 121.203 3.000 Sutta 299 400 1.3153 Soat Cesta 2. Complete the aging of receivables schedule by adding the omitted accounts to the bottom of the schedule and updating the totals. If an amount box does not require an entry, leave it blank. Trophy Fish Company Aging of Receivables Schedule December 31, 2017 Customer Not Past Due Balance Days Past Due Days Past Due Days Past Due Days Past Due Days Past Due 1-30 31-60 61.90 91-120 Over 120 AAA Outfitters 20,500 20,500 Brown Trout Fly Shop 7,900 7,900 Zigs Fish Adventures 4300 4300 Subtotals 1,315,300 752,900 299,400 123,200 42,600 18,000 79,200 Adams Sports and Flies Blue Dun Flies III Cicada Fish Co. Deschutes Sports Green River Sports Smith River Co. Western Trout Company Odll... IIIII10DLD 0001110dd Wolfe Sports % Totals Percent uncollectible (%) Estimate of uncollectible accounts 3. Estimate the allowance for doubtful accounts, based on the aging of receivables schedule, 4. Assume that the allowance for doubtful accounts for Trophy Fish has a credit balance of $3,700 before adjustment on December 31, 2017. Journalize the adjustment for uncollectible accounts Dec. 31 5. Assume that the adjusting entry in (4) was inadvertently omitted, how would the omission affect the balance sheet and income statement? On the balance sheet, assets would be by because bad debt expense would be by $ because the allowance for doubtful accounts would be In addition, the stockholders' equity (retained earnings) would be by 5 and net income by S on the income statement. Trophyfik Coromit cards to spot toodete od cutters throughout the water al derfor are the following serbaty come one of races de the art Balance Hat Days Paul Due Customer 1-30 31-60 61 90 51-170 Dwer to Balance 20.51 Due . MAA Oats Down Tract Shop 7. 790 1300 260 T 900 79,700 2.300 De venture 4350 Prestatals 115 100 753.0 299 450 The first were bom the schedule Customer Due Date Adem Sp x 22 14.000 Bu Dus fler 10 5.200 Cada Ficha Sept. 2 Deschtes Spate 020 Gover Sports 3,000 ther 28 Westen trout Com Det 7300 While Sport Jan> 100 Trofores spastor inte om by ne chegory, as Percent Age Clone Uncollectible Note 19 3.30 days pastor 3 31-60 die 1 63-90 de 31 91-520 day past de Over 120 de peste quedi 1. Den of days schon immer Customer Due Dat Number of Days Paul De Adam Sandles May 22 dan Bu Dus Oct 10 Ocche 0 30 Deschte Screen Sous Sta: West Trust Company 30 Jan 20 2. Complete profile here by and the boom te when the desvik Con Ang Race Decem2017 Niat Punto Datu Dave Due Day Pa Days Custom 31-10 Aus 70,500 20,500 Brow Trostry She 7.900 7.900 135 000 Atenes 782,00 121.203 3.000 Sutta 299 400 1.3153 Soat Cesta 2. Complete the aging of receivables schedule by adding the omitted accounts to the bottom of the schedule and updating the totals. If an amount box does not require an entry, leave it blank. Trophy Fish Company Aging of Receivables Schedule December 31, 2017 Customer Not Past Due Balance Days Past Due Days Past Due Days Past Due Days Past Due Days Past Due 1-30 31-60 61.90 91-120 Over 120 AAA Outfitters 20,500 20,500 Brown Trout Fly Shop 7,900 7,900 Zigs Fish Adventures 4300 4300 Subtotals 1,315,300 752,900 299,400 123,200 42,600 18,000 79,200 Adams Sports and Flies Blue Dun Flies III Cicada Fish Co. Deschutes Sports Green River Sports Smith River Co. Western Trout Company Odll... IIIII10DLD 0001110dd Wolfe Sports % Totals Percent uncollectible (%) Estimate of uncollectible accounts 3. Estimate the allowance for doubtful accounts, based on the aging of receivables schedule, 4. Assume that the allowance for doubtful accounts for Trophy Fish has a credit balance of $3,700 before adjustment on December 31, 2017. Journalize the adjustment for uncollectible accounts Dec. 31 5. Assume that the adjusting entry in (4) was inadvertently omitted, how would the omission affect the balance sheet and income statement? On the balance sheet, assets would be by because bad debt expense would be by $ because the allowance for doubtful accounts would be In addition, the stockholders' equity (retained earnings) would be by 5 and net income by S on the income statement