A company has the following balances on December 31, 2021, before any year end adjustments...
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Accounting
A company has the following balances on December 31, 2021, before any year end adjustments Accounts Receivable - $83.000; Allowance for Uncollectible Accounts = $1,600 (credit). The company estimates uncollectible accounts based on an aging of accounts receivable as shown below: Age Group Not yet due e - 30 days past due 31 - 90 days past due More than 90 days past due Total Estimated Amount Percent Receivable uncollectible $50,000 5% 18,000 15% 12, Bee sex 3,000 75% $83, een Record the adjustment for uncollectible accounts on December 31, 2021. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 Record the adjustment for uncollectible accounts. Note: Enter debits before credits Dobit Credit Date General Journal M
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