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WUIR Saved H Days Past Due Accounts receivable Percent uncollectible Total $143,000 0 $88,000 1% 1 to 30 $26,000 31 to 60 $11,000 6% 61

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WUIR Saved H Days Past Due Accounts receivable Percent uncollectible Total $143,000 0 $88,000 1% 1 to 30 $26,000 31 to 60 $11,000 6% 61 to 90 S8,000 97 Over 90 $10,000 128 1. Estimate the balance of the Allowance for Doubtful Accounts using the aging of accounts receivable method. 2. Prepare the adjusting entry to record bad debts expense assuming the unadjusted balance in the Allowance for Da is a $1,800 credit Complete this question by entering your answers in the tabs below. Req 1 Req 2 Estimate the balance of the Allowance for Doubtful Accounts using the aging of accounts receivable method. Accounts receivable Percent uncollectible (%) Not due = 1 to 30 31 to 60 X 61 to 90 Over 90 Estimated balance of allowance for uncollectibles Prepare the adjusting entry to record bad debts expense assuming the unadjusted balance in the Allowance for D $1,800 credit. View transaction list Journal entry worksheet 1 Record estimated bad debts assuming that Allowance for Doubtful Accounts has a $1,800 credit balance. Note: Enter debits before credits. Credit Debit Date General Journal Dec 31 View general journal Clear entry Record entry Following are transactions for Ridge Company. Mar. 21 Accepted a $14, 400, 180-day-89 note from Tamara Jackson in granting a time extension on her past-due ac receivable. Sept. 17 Jackson dishonored her note Dec. 31 After trying several times to collect, Ridge Company wrote off Jackson's account against the Allowance Doubtful Accounts. Complete the table to calculate the interest amounts at September 17 and use the calculated value to prepare your journal entr not round intermediate calculations. Round your final answers to nearest whole dollar. Use 360 days a year.) Complete this question by entering your answers in the tabs below. Interest Amounts General Journal Complete the table to calculate the interest amounts at September 17 Total Through Maturity Principal Rate(%) Time Total interest Interest Ano General Journal > Next > 7 of 16

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