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Adjustment for Uncollectible Accounts Below is the aging of receivables schedule for Evers Industries Aging...

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Adjustment for Uncollectible Accounts Below is the aging of receivables schedule for Evers Industries Aging of Receivables Schedule July 31 Not 1-30 Past Days Customer Balance Due Past Due Subtotals 1,050,000 600,000 220,000 31-60 Days Past Due 61-90 Days Past Due Over 90 Days Past Due 115,000 85,000 30,000 36,000 36,000 Boyd Industries Hodges Company Kent Creek Inc. 11,500 11,500 6,600 7,400 6,600 Lockwood Company 7,400 13,000 13,000 1,124,500 607,400 Van Epps Company Totals Percentage uncollectible Allowance for Doubtful Accounts 233,000 3% 121,600 1296 96,500 30% 28,950 66,000 75% 1% 106,106 6,074 6,990 14,592 49,500 Assume that the allowance for doubtful accounts for Evers Industries has a credit balance of $8,240 before adjustment on July 31. Journalize the adjusting entry for uncollectible accounts as of July 31. If an amount box does not require an entry, leave it blank: July 31 ll Il

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