The following summarizes the aging of accounts receivable for Johnston Supplies, Inc. as of July...
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Accounting
The following summarizes the aging of accounts receivable for Johnston Supplies, Inc. as of July 31, 2019: Number of Days Unpaid Not yet due 1-30 days past due 31-60 days past due Over 60 days past due Total Accounts Receivable $ 127,400 90,100 54,500 32,700 Historical Uncollectible 31 138 198 334 Required: a. The unadjusted balance of the Allowance for Doubtful Accounts of Johnston Supplies, Inc. is a credit balance in the amount of $29,217 on July 31, 2019. Prepare the required adjusting entry to record Bad Debt Expense for the year b. Johnston Supplies, Inc. writes off $3,171 of uncollectible accounts on August 15, 2019. Prepare the required adjusting entry to record the write-off c. Use a T-account to determine the account balance in the Allowance for Doubtful Accounts on August 15, 2019 Complete this question by entering your answers in the tabs below. Required A Required B Required C The unadjusted balance of the Allowance for Doubtful Accounts of Johnston Supplies, Inc. is a credit balance in the amount of $29,217 on July 31, 2019. Prepare the required adjusting entry to record Bad Debt Expense for the year. View transaction list Journal entry worksheet 1 Record the adjusting entry to record bad debt expense for the year July 31, 2019. Noter Enter debits before credits Data General Journal Debit Credit July 31, 2019 Complete this question by entering your answers in the tabs below. Required A Required B Required Johnston Supplies, Inc. writes off $3,171 of uncollectible accounts on August 15, 2019. Prepare the required adjusting entry to record the write-off. View transaction list Journal entry worksheet 1 Record the required adjusting entry to record the write-off on August 15, 2019. Note: Enter debitis before credits General Journal Debit Credit Date August 15, 2019 Complete this question by entering your answers in the tabs below. Required A Required B Required Use a T-account to determine the account balance in the Allowance for Doubtful Accounts on August 15, 2019. Allowance for Doubtful Accounts



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