A December 21, 2001. bedorway youts. Accorts Recente balance Acha Comowy... The two fecit A13000 AU Peng pwede This geme
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A December 21, 2001. bedorway youts. Accorts Recente balance Acha Comowy... The two fecit A13000 AU Peng pwede This geme
Requirement 2. Make the entry required by the aging schedule. Prepare a account for the allowance First, make the entry required by the aging schedule Record bis fest, the credits Exclude otromanualenti) Journal Entry Data Accounts Debit Crecht Dec 31 Now, prepare a T-account for the slowance Allowance for Uncollectie Accounts Requirement 3. Show how pha will report Account Renate on its December 31 Dalance sheet First show the single line presentation Balance sheet (Part Current assets I Now show the detail presentation Balance sheet (Partit 15
ned Data table - X s fro Total Balance $390,000 Estimated uncollectible 1-30 Days $160,000 Age of Accounts 31-60 61-90 Days Days $120,000 $80,000 Over 90 Days $30,000 0.6 % 2.0 % 5.0 % 40.0 % Print Done