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Worldwide Marble Importers had the following balances at December 31, 2024, before the year-end adjustments: Click the icon to view the balances) The aging of

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Worldwide Marble Importers had the following balances at December 31, 2024, before the year-end adjustments: Click the icon to view the balances) The aging of accounts receivable yinlds the following dates Click the icon to view the accounts receivable aging schedule.) Requirements Requirement 1. Journalize Worldwide's entry to record bad debts expense for 2024 using the aging-of-receivables method. (Record debits first, then credits. Select the explanation on the last line of the journal entry table) Date Accounts Credit Dec Debit 31 Requirement 2. Prepare a T-account to compute the ending balance of Allowance for Bad Debts. Allowance for Bad Debts fields and then continue to the next question. cember 31, 2024, before the year-end adjustments! . X Data Table Accounts Receivable Allowance for Bad Debts 68,000 1,856 Print Done i Data Table 0-60 Days Age of Accounts Receivable Over 60 Days Total Receivables $ 3,000 $ 68,000 Accounts Receivable 65,000 x 2% * 20% Estimated percent uncollectible Print Done

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