- Complete The Aging Schedule Number Of Days Outstanding Total Estimated Uncollected Accounts 0 45 Days 14380 46 90 Day 1 (126.45 KiB) Viewed 10 times
Complete the aging schedule. Number of Days Outstanding Total Estimated Uncollected Accounts 0-45 days $ 14380 46-90 day
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Complete the aging schedule. Number of Days Outstanding Total Estimated Uncollected Accounts 0-45 days $ 14380 46-90 day
Complete the aging schedule. Number of Days Outstanding Total Estimated Uncollected Accounts 0-45 days $ 14380 46-90 days 12950 17850 Over 90 days Total $ 45180 eTextbook and Media List of Accounts Attempts: 1 of 3 used ✓ Your answer is correct. Prepare the adjusting journal entry to record bad debts expense at June 30 assuming that Page's allowance for doubtful accounts had a credit balance of $12,910 before adjustment. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Debit Credit June 30 Bad Debts Expense 32270 Allowance for Doubtful Accounts eTextbook and Medial List of Accounts (b) Accounts Receivable $719,000 259.000 105,000 $1.083.000 Estimated % Uncollectible 2% 5% 17% (c) 32270 Attempts: 1 of 3 used Your answer is partially correct. Prepare the adjusting journal entry to record bad debts expense at June 30 assuming that Page's allowance for doubtful accounts had a debit balance of $9,710 before adjustment. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) Date Account Titles and Explanation Debit Credit June 30 Bad Debts Expense Allowance for Doubtful Accounts eTextbook and Media