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  3. days past due total $136,000 accounts receivable p

Days Past Due Total $136,000 Accounts receivable Percent uncollectible $86.000 10 1 to 30 $24,000...

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Accounting

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Days Past Due Total $136,000 Accounts receivable Percent uncollectible $86.000 10 1 to 30 $24,000 30 31 to 60 61 to 90 Over 90 $10,000 $ 7,000 $9,000 58 88 1. Estimate the balance of the Allowance for Doubtful Accounts using the aging of accounts receivable method. 2. Prepare the adjusting entry to record bad debts expense assuming the unadjusted balance in the Allowance for Doubtful Accounts is a $1,600 credit Book Complete this question by entering your answers in the tabs below. Rea 1 Reg 2 Prepare the adjusting entry to record bad debts expense assuming the unadjusted balance in the Allowance for Doubtful Accounts is a $1,600 credit ences View transaction ist Journal entry worksheet Record estimated bad debts assuming that Allowance for Doubtful Accounts has a $1,600 credit balance. Note: Enter debits before credits Date General Journal Debit Credit

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