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CALCULATOR PRINTER VERSION BALK Problem B-1A Sarasota Corp. uses the allowance method of accounting for bad debts. The company produced the following aging of the accounts receivable Calculate the total estimated bad debts on the below information Number of Days Outstanding Total 0-3031-60 61-90 91-120 Over 120 Accounts Receivable $388,000 $234,000 $82,000 $39,000 $21,000 $12,000 We uncollectible Estimated bad debts EHXSLF ACCOUNTS Prepare the year-end adjusting journal entry to record the bad debts using the aged uncollectible accounts receivable determined...
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i just need the first adjusting entry (b)
Open Assignment CALCULATOR FULL SCREEN PRINTER VERSION BACK RESOURCES 24 (Video 3 Total 185,500 0-30 74,600 Accounts receivable uncollectible Number of Days Outstanding 1-60 61-90 91-120 Over 120 40,700 35,000 21,000 $14,200 496 5% 8% 20% D EL 1750 I 1680, 2840 Estimated bad debts T 8644 1628 rise 01 LINK TO TEXT VIDEO: SIHTLAR PROBLEM by Study Your answer is partially correct. Try again. (b) Prepare the year-end adjusting journal entry...
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CALCULATOR SALE HY INSUR E R - NT RESOURCES work with Video Problem 8-4A Bramble Corp. uses the allowance method to estimate uncollectible accounts receivable. The company produced the following aging of the accounts receivable at year-end. ors sults by Study Calculate the total estimated bad debts based on the below information. Number of Days Outstanding Total 0-30 31-60 61-90 91-120 Accounts receivable 227,100 84,200 49,900 43,000 28,200 % uncollectible 2% 5% 6% 9% Estimated bad debts Over 120 $21,800...
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Problem 9-04A a-d (Video) Windsor Inc. uses the allowance method to estimate uncollectible accounts receivable. The company produced the following aging of the accounts receivable at year-end. Calculate the total estimated bad debts based on the below information. Number of Days Outstanding Total 0-30 31-60 61-90 91-120 Accounts receivable 207,100 77,900 45,600 40,000 25,100 % uncollectible 2% 5% 6% 9% Estimated Bad debts $ $ $ $ $ Over 120 $18,500 21% $ $ SHOW LIST OF ACCOUNTS LINK TO...
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Problem 2 (15 pts) Conway Technologies and the alle les used the allowance method of counting for bad debts. The company produced the folle e following aging of the accounts receivable at 12/31/ (the company years Accounts receivable % uncollectible Estimated bad debt Total $400.000 0.30 S227.000 Number of Days Outstanding 3 1-60 91-120 S100.000 S40.000 Over 110 $15. Requirements: A) Calculate the total estimate bad debts based on the above information B) Prepare the year ending adjusting journal entry...
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Problem 9-04A a-d (Video)
Whispering Inc. uses the allowance method to estimate
uncollectible accounts receivable. The company produced the
following aging of the accounts receivable at year-end.
Calculate the total estimated bad debts based on the below
information.
Number of Days Outstanding
Total
0–30
31–60
61–90
91–120
Over 120
Accounts receivable
276,800
92,000
60,700
53,300
38,600
$32,200
% uncollectible
1%
4%
5%
8%
20%
Estimated Bad debts
$
$
$
$
$
$
SHOW LIST OF ACCOUNTS
LINK TO TEXT...
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CALCULATOR MESSAGE MY INSTRUCTOR FULL SCREEN PRINTER VERSION BACK NEXT At the beginning of the current period, Nash's Trading Post, LLC had balances in Accounts Receivable of $201.400 and in Allowance for Doubtful Accounts of $8,570 (credit). During the period, it had credit sales of $840,400 and collections of $758,910. It wrote off as uncollectible accounts receivable of $8.026. However, a $2,889 account previously written off as uncollectible was recovered before the end of the current period. Uncollectible accounts are...
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Question's in the second pic, thanks!
CALCULATOR PRINTER VERSION BACK NEXT Problem 8-1A (Part Level Submission) At December 31, 2018, Bramble Corp. reported the following information on its balance sheet. Accounts receivable Less: Allowance for doubtful accounts $972,000 82.000 During 2019, the company had the following transactions related to receivables. 1. Sales on account 2. Sales returns and allowances 3. Collections of accounts receivable 4. Write-offs of accounts receivable deemed uncollectible 5. Recovery of bad debts previously written off as...
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CALCULATOR PRINTER VERSION BACK NEXT Question 8 At December 31, 2016, Blue Spruce Imports reported this information on its balance sheet. Accounts receivable $627,200 Less: Allowance for doubtful accounts 37,300 During 2017, the company had the following transactions related to receivables 1. Sales on account $2,936,400 2. Sales returns and allowances 80,000 3. Collections of accounts receivable 2,528,500 4. Write-offs of accounts receivable deemed uncollectible 41,620 Prepare a tabular summary that includes the following accounts: Cash, Accounts Receivable, Allowance for...
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CALCULATOR PRINTER VERSION BACK NEXT Question 6 At the beginning of the current period, Sheffield Corp. had balances in Accounts Receivable of $187,800 and in Allowance for Doubtful Accounts of $9,630. During the period, it had net credit sales of $860,400 and collections of $687,720. It wrote off as uncollectible accounts receivable of $7,381. Uncollectible accounts are estimated to total $23,070 at the end of the period. (Omit recording cost of goods sold.) Enter the beginning balances for Accounts Receivable...
CALCULATOR PRINTER VERSION BALK Problem B-1A Sarasota Corp. uses the allowance method of accounting for bad debts. The company produced the following aging of the accounts receivable Calculate the total estimated bad debts on the below information Number of Days Outstanding Total 0-3031-60 61-90 91-120 Over 120 Accounts Receivable $388,000 $234,000 $82,000 $39,000 $21,000 $12,000 We uncollectible Estimated bad debts EHXSLF ACCOUNTS Prepare the year-end adjusting journal entry to record the bad debts using the aged uncollectible accounts receivable determined...
i just need the first adjusting entry (b)
Open Assignment CALCULATOR FULL SCREEN PRINTER VERSION BACK RESOURCES 24 (Video 3 Total 185,500 0-30 74,600 Accounts receivable uncollectible Number of Days Outstanding 1-60 61-90 91-120 Over 120 40,700 35,000 21,000 $14,200 496 5% 8% 20% D EL 1750 I 1680, 2840 Estimated bad debts T 8644 1628 rise 01 LINK TO TEXT VIDEO: SIHTLAR PROBLEM by Study Your answer is partially correct. Try again. (b) Prepare the year-end adjusting journal entry...
CALCULATOR SALE HY INSUR E R - NT RESOURCES work with Video Problem 8-4A Bramble Corp. uses the allowance method to estimate uncollectible accounts receivable. The company produced the following aging of the accounts receivable at year-end. ors sults by Study Calculate the total estimated bad debts based on the below information. Number of Days Outstanding Total 0-30 31-60 61-90 91-120 Accounts receivable 227,100 84,200 49,900 43,000 28,200 % uncollectible 2% 5% 6% 9% Estimated bad debts Over 120 $21,800...
Problem 9-04A a-d (Video) Windsor Inc. uses the allowance method to estimate uncollectible accounts receivable. The company produced the following aging of the accounts receivable at year-end. Calculate the total estimated bad debts based on the below information. Number of Days Outstanding Total 0-30 31-60 61-90 91-120 Accounts receivable 207,100 77,900 45,600 40,000 25,100 % uncollectible 2% 5% 6% 9% Estimated Bad debts $ $ $ $ $ Over 120 $18,500 21% $ $ SHOW LIST OF ACCOUNTS LINK TO...
Problem 2 (15 pts) Conway Technologies and the alle les used the allowance method of counting for bad debts. The company produced the folle e following aging of the accounts receivable at 12/31/ (the company years Accounts receivable % uncollectible Estimated bad debt Total $400.000 0.30 S227.000 Number of Days Outstanding 3 1-60 91-120 S100.000 S40.000 Over 110 $15. Requirements: A) Calculate the total estimate bad debts based on the above information B) Prepare the year ending adjusting journal entry...
Problem 9-04A a-d (Video)
Whispering Inc. uses the allowance method to estimate
uncollectible accounts receivable. The company produced the
following aging of the accounts receivable at year-end.
Calculate the total estimated bad debts based on the below
information.
Number of Days Outstanding
Total
0–30
31–60
61–90
91–120
Over 120
Accounts receivable
276,800
92,000
60,700
53,300
38,600
$32,200
% uncollectible
1%
4%
5%
8%
20%
Estimated Bad debts
$
$
$
$
$
$
SHOW LIST OF ACCOUNTS
LINK TO TEXT...
CALCULATOR MESSAGE MY INSTRUCTOR FULL SCREEN PRINTER VERSION BACK NEXT At the beginning of the current period, Nash's Trading Post, LLC had balances in Accounts Receivable of $201.400 and in Allowance for Doubtful Accounts of $8,570 (credit). During the period, it had credit sales of $840,400 and collections of $758,910. It wrote off as uncollectible accounts receivable of $8.026. However, a $2,889 account previously written off as uncollectible was recovered before the end of the current period. Uncollectible accounts are...
Question's in the second pic, thanks!
CALCULATOR PRINTER VERSION BACK NEXT Problem 8-1A (Part Level Submission) At December 31, 2018, Bramble Corp. reported the following information on its balance sheet. Accounts receivable Less: Allowance for doubtful accounts $972,000 82.000 During 2019, the company had the following transactions related to receivables. 1. Sales on account 2. Sales returns and allowances 3. Collections of accounts receivable 4. Write-offs of accounts receivable deemed uncollectible 5. Recovery of bad debts previously written off as...
CALCULATOR PRINTER VERSION BACK NEXT Question 8 At December 31, 2016, Blue Spruce Imports reported this information on its balance sheet. Accounts receivable $627,200 Less: Allowance for doubtful accounts 37,300 During 2017, the company had the following transactions related to receivables 1. Sales on account $2,936,400 2. Sales returns and allowances 80,000 3. Collections of accounts receivable 2,528,500 4. Write-offs of accounts receivable deemed uncollectible 41,620 Prepare a tabular summary that includes the following accounts: Cash, Accounts Receivable, Allowance for...
CALCULATOR PRINTER VERSION BACK NEXT Question 6 At the beginning of the current period, Sheffield Corp. had balances in Accounts Receivable of $187,800 and in Allowance for Doubtful Accounts of $9,630. During the period, it had net credit sales of $860,400 and collections of $687,720. It wrote off as uncollectible accounts receivable of $7,381. Uncollectible accounts are estimated to total $23,070 at the end of the period. (Omit recording cost of goods sold.) Enter the beginning balances for Accounts Receivable...