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First Question The aging of Tome Designs accounts recevable shotelow Cace the amount of each...

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Accounting

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First Question The aging of Tome Designs accounts recevable shotelow Cace the amount of each yang demed to be colectie Hound you Estimated Uncolectible Accounts Ape Interval Balance Percentage Estimated Uncollectible Accounts Notast due $050 000 Age Interni Balance Percentage 1-30 days past due 47 500 Notast due 3509 31-60 days past due 21,750 1-30 days past due 61-90 days past due 11.250 2000 31-60 day pait du 21.750 10.00 91-180 days pas 5065 61-90 days past de 11.250 20:00 181-305 days past 2.500 01-100 day past de SOS 3300 Over 365 days past 1,145 181-365 days past due 2500 50.00 Over 365 days pastup 1145 a) Calculate the amount of each procity range that is deemed to be uncollectie (b) It me Allowance for our Accounts as a crearance of st. 13800 record the adusting entry for the bad der expense for the ye "Round your answers to two decimo places "Refer to the Chart of Accounts for recording of accountries Round your answers to no decir ces General Journal (b) Record the adjusting entry for the bed debt expense on December 31. Refer to the Chart of Accounts for exact wording of accountitles Round your answers to two decimal places PAGE 1 CRIPTION RE DEBIT CREDIT

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