YouTube Maps Show all ter 9 and 10 i Sarved r to me yucos uspoy Ucom/ Daley Company prepared the following aging of receivables analysts at December 31 Days Past Due Accounts receivable Percent uncollectible Total $670,000 $416,000 3X 1 to 30 $110,000 42 31 to 60 61 to 90 $56,000 $38,000 7% 9% Over 90 $50,000 12% a. Complete the below table to calculate the estimated balance of Allowance for Doubtful Accounts using aging of accounts receivable b. Prepare the adjusting entry to record Bad Debts Expense using the estimate from part a Assume the unadjusted balance in the Allowance for Doubtful Accounts is a $5,600 credit c. Prepare the adjusting entry to record bad debts expense using the estimate from part a Assume the unadjusted balance in the Allowance for Doubtful Accounts is a $2,100 debit Complete this question by entering your answers in the tabs below. Reg A Req B and C Complete the below table to calculate the estimated balance of Allowance for Doubtful Accounts using aging of accounts receivable. Percent Uncollectible (%) Not due 1 to 30 31 to 60 61 to 90 Accounts Receivable 416,000 110,000 56,000 x 38,000 x 50,000 Over 90 Allowance for Doubtful Accounts is a $5,600 credit. c. Prepare the adjusting entry to record bad debts expense using the estimate from part a Assume the unadjusted balance in the Allowance for Doubtful Accounts is a $2,100 debit Complete this question by entering your answers in the tabs below. ReqA Reg B and C Complete the below table to calculate the estimated balance of Allowance for Doubtful Accounts using aging of accounts receivable. Accounts Percent Receivable Uncollectible (%) Not due 416,000 1 10 30 110,000 31 to 60 56,000 61 to 90 38.000 Over 90 50,000 Estimated balance of allowance for uncollectibles $ 0 RA ReqB and C ReqA Req B and C Prepare the adjusting entry to record Bad Debts Expense using the estimate from part a. Assume the unadjusted balance in the Allowance for Doubtful Accounts is a $5,600 credit. Prepare the adjusting entry to record bad debts expense using the estimate from part a. Assume the unadjusted balance in the Allowance for Doubtful Accounts is a $2,100 debit. Show less View transaction list Journal entry worksheet Record estimated bad debts assuming that Allowance for Doubtful Accounts has a $5,600 credit balance. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31 Bad debts expense Allowance for doubtful accounts Record entry Clear entry View general journal Req A Req Band Prepare the adjusting entry to record Bad Debts Expense using the estimate from part a. Assume the unadjusted balance in the Allowance for Doubtful Accounts is a $5,600 credit. Prepare the adjusting entry to record bad debts expense using the estimate from part a. Assume the unadjusted balance in the Allowance for Doubtful Accounts is a $2,100 debit. Show less View transaction list Journal entry worksheet
