Presented below is an aging schedule for Oriole Company at December 31, 2021. Number of Days Past Due Not Yet Due Over 9

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Presented Below Is An Aging Schedule For Oriole Company At December 31 2021 Number Of Days Past Due Not Yet Due Over 9 1 (142.03 KiB) Viewed 22 times

Presented below is an aging schedule for Oriole Company at December 31, 2021. Number of Days Past Due Not Yet Due Over 90 Customer Total 1-30 31-60 61-90 Aneesh $ 24,300 $12,000 $12,300 Bird 36.000 $36,000 Cope 57.800 6,300 5,500 $46,000 De Spears 34,200 $34,200 Others 125,400 94,900 15,600 14,900 $277,700 $137,200 $33,100 $27,200 $46,000 $34,200 Estimated percentage uncollectible 3% 7% 12% 24% 60% Total estimated uncollectibles $ 41,257 $ 4,116 $ 2,317 $ 3,264 $ 11,040 $20,520 At December 31, 2021, the unadjusted balance in Allowance for Doubtful Accounts is a credit of $11,100. (a) Your answer is partially correct. Journalize the adjusting entry for bad debts at December 31, 2021. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Date Account Titles Debit Credit 1ar. 31. 2021 v Bad Debt Expense 41257 Allowance for Doubtful Accounts 41 Post the adjusting entry for bad debts at December 31, 2021. Bad Debt Expense 12/31/21 41257 41257 Allowance for Doubtful Accounts 12/31/21 12/31/21 Bal. 12/31/21 V 41257 3/1/22 12/31/21 Bal. V 41257 5/1/22