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Question 1: Jaafar Trading Sdn Bhd (JTSB) has has the following ageing schedule as at 31...
Question 1: Jaafar Trading Sdn Bhd (JTSB) has has the following ageing schedule as at 31...
Question 1: Jaafar Trading Sdn Bhd (JTSB) has has the following ageing schedule as at 31 December 2018 1/40 60-90 days Over 91 days 0.03 Account Receivables Aging Schedule Name Total 1 - 30 days 31- 60 days (RM) Total Account 92,500 31,000 34,000 Receivable Estimated 2% 3% uncollectible 21,500 6,000 4% 5% 1010 d) Show the accounting treatment for bad debt: i) Journalize the adjusting entry for bad debts on 31 December 2018 by assuming the unadjusted balance for...
P9-3A Presented below is an aging schedule for Halleran Company. Worksheet.xls tota Review View Journalige entries...
P9-3A Presented below is an aging schedule for Halleran Company. Worksheet.xls tota Review View Journalige entries to record transactions related to bad debts. (LO 2) Home Insert Page Layout Formulas XLS Not Yet Due Number of Days Past Due 1-30 31-60 61-90 Over 90 $10,000 $12,000 Customer Anders Blake Coulson Deleon Others Total $ 22,000 40,000 57.000 34,000 132,000 $285,000 $40,000 16,000 6,000 $35,000 96,000 $152,000 6,000 16.000 $32,000 $34,000 $40,000 14.000 $26,000 $35,000 10 Estimated Percentage Uncollectible Total Estimated...
P9-3A Presented below is an aging schedule for Halleran Company. Worksheet.xls tota Review View Journalige entries...
P9-3A Presented below is an aging schedule for Halleran Company. Worksheet.xls tota Review View Journalige entries to record transactions related to bad debts. (LO 2) Home Insert Page Layout Formulas XLS Not Yet Due Number of Days Past Due 1-30 31-60 61-90 Over 90 $10,000 $12,000 Customer Anders Blake Coulson Deleon Others Total $ 22,000 40,000 57.000 34,000 132,000 $285,000 $40,000 16,000 6,000 $35,000 96,000 $152,000 6,000 16.000 $32,000 $34,000 $40,000 14.000 $26,000 $35,000 10 Estimated Percentage Uncollectible Total Estimated...
P9-3A Presented below is an aging schedule for Halleran Company. Worksheet.xls tota Review View Journalige entries...
P9-3A Presented below is an aging schedule for Halleran Company. Worksheet.xls tota Review View Journalige entries to record transactions related to bad debts. (LO 2) Home Insert Page Layout Formulas XLS Not Yet Due Number of Days Past Due 1-30 31-60 61-90 Over 90 $10,000 $12,000 Customer Anders Blake Coulson Deleon Others Total $ 22,000 40,000 57.000 34,000 132,000 $285,000 $40,000 16,000 6,000 $35,000 96,000 $152,000 6,000 16.000 $32,000 $34,000 $40,000 14.000 $26,000 $35,000 10 Estimated Percentage Uncollectible Total Estimated...
P9-3A Presented below is an aging schedule for Halleran Company. Worksheet.xls tota Review View Journalige entries...
P9-3A Presented below is an aging schedule for Halleran Company. Worksheet.xls tota Review View Journalige entries to record transactions related to bad debts. (LO 2) Home Insert Page Layout Formulas XLS Not Yet Due Number of Days Past Due 1-30 31-60 61-90 Over 90 $10,000 $12,000 Customer Anders Blake Coulson Deleon Others Total $ 22,000 40,000 57.000 34,000 132,000 $285,000 $40,000 16,000 6,000 $35,000 96,000 $152,000 6,000 16.000 $32,000 $34,000 $40,000 14.000 $26,000 $35,000 10 Estimated Percentage Uncollectible Total Estimated...
P8-3A Presented below is an aging schedule for Halleran Company Journalize entria transactions rel debts. Worksheet....
P8-3A Presented below is an aging schedule for Halleran Company Journalize entria transactions rel debts. Worksheet.xls (LO 2) Home Insert Page Layout Formulas Data Reylew View P18 XLS A B C D E F G 1 Number of Days Past Due Not Yet Due 3 Customer Anders Blake 6 Total $ 22,000 40,000 57,000 1-30 31-60 61-90 Over 90 4 $10,000 $12,000 $ 40,000 16,000 Coulson 7 6,000 $35,000 Deleon Others 9 34,000 132,000 $285,000 $34,000 8 96,000 $152,000 16,000...
At December 31, 2018, the Accounts Receivable balance of Austin Technology Group is $230,000. The Allowance...
At December 31, 2018, the Accounts Receivable balance of Austin Technology Group is $230,000. The Allowance for Bad Debts account has a $6,190 debit balance. Austin Technology Group prepares the following aging schedule for its accounts receivable: (Click the icon to view the aging schedule.) Read the requirements. Requirement 1. Journalize the year-end adjusting entry for bad debts on the basis of the aging schedule. Show the T-account for the Allowance for Bad Debts at December 31, 2018. i Requirements...
Question 4 Presented below is an aging schedule for Bridgeport plc. Number of Days Past Due...
Question 4
Presented below is an aging schedule for Bridgeport plc.
Number of Days Past Due
Customer
Total
Not
Yet Due
1–30
31–60
61–90
Over 90
Anders
$ 30,800
$13,900
$16,900
Blake
43,300
$ 43,300
Cyrs
58,000
16,200
6,400
$35,400
De Jong
34,900
$34,900
Others
137,200
98,900
17,200
14,300
6,800
$304,200
$158,400
$37,500
$31,200
$35,400
$41,700
Estimated percentage uncollectible
1%
5%
15%
26%
62%
Total estimated bad debts
$ 43,197
$ 1,584
$ 1,875
$ 4,680
$ 9,204
$25,854
At...
Clase Presented below is an aging schedule for Ivanhoe Company at December 31, 2021 Number of...
Clase Presented below is an aging schedule for Ivanhoe Company at December 31, 2021 Number of Days Past Due Not Yet Over Total Customer Due 1-30 31-60 61-90 90 $8,700 $15,000 $23,700 Aneesh Bird 27,900 $27.900 $43,700 Cope 53,500 4,900 4,900 DeSpears $38,500 38,500 Others 126,300 77,500 36,600 12,200 $269,900 $110,300 $50,200 $27,200 $43,700 $38,500 Estimated percentage 3% 8% 12% 24% 61% uncollectible $44,562 $3,309 $4,016 $3,264 $10,488 $23,485 Total estimated bad debts At December 31, 2021, the unadjusted balance...
Presented below is an aging schedule for Sweet Acacia Industries at December 31, 2021. Presented below...
Presented below is an aging schedule for Sweet Acacia Industries
at December 31, 2021.
Presented below is an aging schedule for Sweet Acacia Industries at December 31, 2021. Number of Days Past Due Not Yet Due Customer Total 1 -30 Over 90 31-60 61-90 Aneesh $ 23,900 $ 8,100 $15,800 Bird 28,200 $ 28,200 Cope 49,500 4,500 5,100 $39,900 DeSpears Others 37,300 $37,300 127,700 76,000 38,100 13,600 $266,600 $108,700 $51,300 $29,400 $39,900 $37,300 Estimated percentage uncollectible 3% 7% 12% 25%...
Question 1: Jaafar Trading Sdn Bhd (JTSB) has has the following ageing schedule as at 31 December 2018 1/40 60-90 days Over 91 days 0.03 Account Receivables Aging Schedule Name Total 1 - 30 days 31- 60 days (RM) Total Account 92,500 31,000 34,000 Receivable Estimated 2% 3% uncollectible 21,500 6,000 4% 5% 1010 d) Show the accounting treatment for bad debt: i) Journalize the adjusting entry for bad debts on 31 December 2018 by assuming the unadjusted balance for...
P9-3A Presented below is an aging schedule for Halleran Company. Worksheet.xls tota Review View Journalige entries to record transactions related to bad debts. (LO 2) Home Insert Page Layout Formulas XLS Not Yet Due Number of Days Past Due 1-30 31-60 61-90 Over 90 $10,000 $12,000 Customer Anders Blake Coulson Deleon Others Total $ 22,000 40,000 57.000 34,000 132,000 $285,000 $40,000 16,000 6,000 $35,000 96,000 $152,000 6,000 16.000 $32,000 $34,000 $40,000 14.000 $26,000 $35,000 10 Estimated Percentage Uncollectible Total Estimated...
P9-3A Presented below is an aging schedule for Halleran Company. Worksheet.xls tota Review View Journalige entries to record transactions related to bad debts. (LO 2) Home Insert Page Layout Formulas XLS Not Yet Due Number of Days Past Due 1-30 31-60 61-90 Over 90 $10,000 $12,000 Customer Anders Blake Coulson Deleon Others Total $ 22,000 40,000 57.000 34,000 132,000 $285,000 $40,000 16,000 6,000 $35,000 96,000 $152,000 6,000 16.000 $32,000 $34,000 $40,000 14.000 $26,000 $35,000 10 Estimated Percentage Uncollectible Total Estimated...
P9-3A Presented below is an aging schedule for Halleran Company. Worksheet.xls tota Review View Journalige entries to record transactions related to bad debts. (LO 2) Home Insert Page Layout Formulas XLS Not Yet Due Number of Days Past Due 1-30 31-60 61-90 Over 90 $10,000 $12,000 Customer Anders Blake Coulson Deleon Others Total $ 22,000 40,000 57.000 34,000 132,000 $285,000 $40,000 16,000 6,000 $35,000 96,000 $152,000 6,000 16.000 $32,000 $34,000 $40,000 14.000 $26,000 $35,000 10 Estimated Percentage Uncollectible Total Estimated...
P9-3A Presented below is an aging schedule for Halleran Company. Worksheet.xls tota Review View Journalige entries to record transactions related to bad debts. (LO 2) Home Insert Page Layout Formulas XLS Not Yet Due Number of Days Past Due 1-30 31-60 61-90 Over 90 $10,000 $12,000 Customer Anders Blake Coulson Deleon Others Total $ 22,000 40,000 57.000 34,000 132,000 $285,000 $40,000 16,000 6,000 $35,000 96,000 $152,000 6,000 16.000 $32,000 $34,000 $40,000 14.000 $26,000 $35,000 10 Estimated Percentage Uncollectible Total Estimated...
P8-3A Presented below is an aging schedule for Halleran Company Journalize entria transactions rel debts. Worksheet.xls (LO 2) Home Insert Page Layout Formulas Data Reylew View P18 XLS A B C D E F G 1 Number of Days Past Due Not Yet Due 3 Customer Anders Blake 6 Total $ 22,000 40,000 57,000 1-30 31-60 61-90 Over 90 4 $10,000 $12,000 $ 40,000 16,000 Coulson 7 6,000 $35,000 Deleon Others 9 34,000 132,000 $285,000 $34,000 8 96,000 $152,000 16,000...
At December 31, 2018, the Accounts Receivable balance of Austin Technology Group is $230,000. The Allowance for Bad Debts account has a $6,190 debit balance. Austin Technology Group prepares the following aging schedule for its accounts receivable: (Click the icon to view the aging schedule.) Read the requirements. Requirement 1. Journalize the year-end adjusting entry for bad debts on the basis of the aging schedule. Show the T-account for the Allowance for Bad Debts at December 31, 2018. i Requirements...
Question 4
Presented below is an aging schedule for Bridgeport plc.
Number of Days Past Due
Customer
Total
Not
Yet Due
1–30
31–60
61–90
Over 90
Anders
$ 30,800
$13,900
$16,900
Blake
43,300
$ 43,300
Cyrs
58,000
16,200
6,400
$35,400
De Jong
34,900
$34,900
Others
137,200
98,900
17,200
14,300
6,800
$304,200
$158,400
$37,500
$31,200
$35,400
$41,700
Estimated percentage uncollectible
1%
5%
15%
26%
62%
Total estimated bad debts
$ 43,197
$ 1,584
$ 1,875
$ 4,680
$ 9,204
$25,854
At...
Clase Presented below is an aging schedule for Ivanhoe Company at December 31, 2021 Number of Days Past Due Not Yet Over Total Customer Due 1-30 31-60 61-90 90 $8,700 $15,000 $23,700 Aneesh Bird 27,900 $27.900 $43,700 Cope 53,500 4,900 4,900 DeSpears $38,500 38,500 Others 126,300 77,500 36,600 12,200 $269,900 $110,300 $50,200 $27,200 $43,700 $38,500 Estimated percentage 3% 8% 12% 24% 61% uncollectible $44,562 $3,309 $4,016 $3,264 $10,488 $23,485 Total estimated bad debts At December 31, 2021, the unadjusted balance...
Presented below is an aging schedule for Sweet Acacia Industries
at December 31, 2021.
Presented below is an aging schedule for Sweet Acacia Industries at December 31, 2021. Number of Days Past Due Not Yet Due Customer Total 1 -30 Over 90 31-60 61-90 Aneesh $ 23,900 $ 8,100 $15,800 Bird 28,200 $ 28,200 Cope 49,500 4,500 5,100 $39,900 DeSpears Others 37,300 $37,300 127,700 76,000 38,100 13,600 $266,600 $108,700 $51,300 $29,400 $39,900 $37,300 Estimated percentage uncollectible 3% 7% 12% 25%...
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