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Al December 31, 2018, the Accounts Receivable balance of Digital Cable Company is $170.000 The...

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Al December 31, 2018, the Accounts Receivable balance of Digital Cable Company is $170.000 The Alowance for Bad Dobis account has a $12.075 dobit balance Digital Cable Company prepares the following in het bos cos recebe Click the icon to view the aging schedule) Read the requirements Days Day Requirement 1. Journalire the year and adjusting entry for bad debts on the basis of the aging schedule. Show the account for the lowance for Bed Debts at December 31, 2018 Begin by determining the target balance of Allowance for Bad Debts by using the age of each account Age of Accounts 1-30 31-60 51.50 Over 90 Total Days Balance Accounts Receivable 55,000 $65.000 $ 35.000 5 15.000 Estimated percent collectie 05 40 80 Estimated to collectie Jourmalire the year and adjusting entry for dolaccounts on the basis of the aging schede Records the credits Select the explanation on the taste of the marty) Accounts and explanation De Credit Dec 3 Show the T-account for the Allowance for Bed Debts at December 31, 2018 Allowance for Bad Debts Reairement 2. Show how Diatal Cable Comany will report is not accounts receivable on is December 31, 2018 balance sheet Choose from any list or enter any number in the input neds and then continue to the next

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