I am not sure what goes in the
two boxes
Homework Answers
| 1) | Account titles and Explanation | Debit | Credit | ||||
| 31-Dec | Bad debts expense | 25971 | |||||
| allowance for uncollectible accounts | 35,254 | ||||||
| Bad debts expense | |||||||
| 12/31/2019 adj | 25971 | ||||||
| 12/31/2019End bal | 25971 | ||||||
| Allowance for dountful accounts | |||||||
| op bal | 12,000 | ||||||
| 12/31/2019 adjust | 25971 | ||||||
| End bal 12/31/2019 | 37,971 | ||||||
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I am not sure what goes in the two boxes Presented below is an aging schedule for Blossom Company. Number of Days Past D...
Problem 8-3A Presented below is an aging schedule for Larkspur, Inc. Number of Days Past Due Not Over 90...
Problem 8-3A Presented below is an aging schedule for Larkspur, Inc. Number of Days Past Due Not Over 90 Customer Total 1-30 31-60 Yet Due 61-90 $ 25,800 Anders $11,800 $14,000 Blake 40,400 40,400 Coulson 58,400 16,800 5,800 $35,800 Deleon 33,200 $33,200 133,400 Others 97,000 6,300 16,300 13,800 $291,200 $154,200 $33,900 $27,800 $35,800 $39,500 Estimated Percentage Uncollectible 3% 6% 14% 24% 49% Total Estimated Bad Debts $ 8,592 $38,499 $4,626 $ 2,034 $3,892 $19,355 At December 31, 2019, the unadjusted...
Problem 8-03A a-c (Video) Presented below is an aging schedule for Halleran Company. Number of Days...
Problem 8-03A a-c (Video) Presented below is an aging schedule for Halleran Company. Number of Days Past Due Not Over Total 1-30 Customer Yet Due 31-60 61-90 90 22,000 $10,000 $12,000 Anders $40,000 40,000 Blake $35,000 57,000 16,000 6,000 Coulson $34,000 34,000 Deleon 132,000 96,000 16,000 14,000 6,000 Others $285,000 $152,000 $32,000 $26,000 $35,000 $40,000 Estimated 3% 6% 13% 25% 50% Percentage Uncollectible Total Estimated Bad 38,610 $4,560 $1,920 3,380 $ 8,750 $20,000 Debts At December 31, 2020, the unadjusted...
Problem 8-03A a-c (Video) Presented below is an aging schedule for Halleran Company. Not Yet Due...
Problem 8-03A a-c (Video) Presented below is an aging schedule for Halleran Company. Not Yet Due Customer Anders Number of Days Past Due Over 1-30 31-60 61-90 90 $10,000 $12,000 Blake Total $ 22,000 40,000 57,000 34,000 132,000 $285,000 $40,000 16,000 6,000 Coulson Deleon Others $35,000 96,000 $152,000 16,000 $32,000 14,000 $26,000 $34,000 6,000 $40,000 $35,000 3% 6% 13% 25% 50% Estimated Percentage Uncollectible Total Estimated Bad Debts $ 38,610 $ 4,560 $ 1,920 $3,380 $8,750 $20,000 At December 31,...
Please tell me what is supposed to go into each specific box, i'm very confused. Presented...
Please tell me what is supposed to go into each specific box,
i'm very confused.
Presented below is an aging schedule for Skysong, Inc. Number of Days Past Due Customer Over 90 Anders Blake Coulson Not Total Yet Due 1-30 31-60 61-90 $ 25,300 $11,400 $13,900 40,500 $ 40,500 55,300 15,500 5,700 $34,100 35,000 131,700 95,400 16,000 14,000 $287,800 $151,400 $33,100 $27,900 $34,100 1% 5% 13% 26% $ 34,247 $1,514 $1,655 $3,627 $8,866 Deleon Others $35,000 6,300 $41,300 45% $18,585...
Problem 8-3A (Part Level Submission) Presented below is an aging schedule for Whispering Winds Corp.. Number...
Problem 8-3A (Part Level Submission) Presented below is an aging
schedule for Whispering Winds Corp.. Number of Days Past Due
Customer Total Not Yet Due 1–30 31–60 61–90 Over 90 Anders $ 22,700
$10,600 $12,100 Blake 41,300 $ 41,300 Coulson 57,100 15,200 6,000
$35,900 Deleon 34,900 $34,900 Others 132,800 95,500 15,400 15,000
6,900 $288,800 $152,000 $32,000 $27,100 $35,900 $41,800 Estimated
Percentage Uncollectible 1% 6% 13% 24% 40% Total Estimated Bad
Debts $ 32,299 $ 1,520 $ 1,920 $ 3,523 $...
Presented below is an aging schedule for Ivanhoe Company at December 31, 2021. Customer Aneesh Bird Number of Days Past...
Presented below is an aging schedule for Ivanhoe Company at December 31, 2021. Customer Aneesh Bird Number of Days Past Due Not Yet Over Total Due 1-30 31-60 61-90 90 $23.700 $8,700 $15,000 27.900 $ 27,900 53,500 4,900 4,900 $43.700 38.500 $38.500 126,300 77,500 36,600 12,200 $249,900 $110,300 $50,200 $27.200 $43,700 $38.500 Cope De Spears Others Estimated percentage un collectible 3% 8% 12% 24% 61% Total estimated bad debts $44562 $3,309 $4,016 $3.264 $10.488 $23,485 At December 31, 2021, the...
Problem 8-03A a-c (Part Level Submission) (Video) Presented below is an aging schedule for Sheffield Corp.....
Problem 8-03A a-c (Part Level Submission) (Video) Presented below is an aging schedule for Sheffield Corp.. Number of Days Past Due Not Over Customer Total Yet Due 1-30 31-60 61-90 90 Anders $ 22,300 $10,500 $11,800 Blake 40,600 $ 40,600 Coulson 57,600 16,900 6,700 $34,000 Deleon 33,500 $33,500 Others 133,200 96,600 16,700 13,600 6,300 $287,200 $154,100 $33,900 $25,400 $34,000 $39,800 Estimated Percentage 1% 6% 13% 25% 55% Uncollectible Total Estimated Bad $ 37,267 37.267 $1,541 $2,034 Debts $3,302 $ 8,500...
Presented below is an aging schedule for Ivanhoe Company at December 31, 2021. Number of Days...
Presented below is an aging schedule for Ivanhoe Company at December 31, 2021. Number of Days Past Due Not Yet Due Total Customer 1-30 31-60 Over 90 61-90 Aneesh $8,700 $15,000 Bird $ 23.700 27,900 53,500 $ 27,900 4.900 Cope 4.900 $43.700 DeSpears Others 38.500 $38,500 126,300 77,500 36,600 12,200 $269,900 $110,300 $50,200 $27,200 $43,700 $38,500 Estimated percentage uncollectible 3% 8% 12% 24% 61% Total estimated bad debts $44,562 $3,309 $4,016 $3,264 $10,488 $23,485 At December 31, 2021, the unadjusted...
Presented below is an aging schedule for Oriole Company at December 31, 2021. Number of Days...
Presented below is an aging schedule for Oriole Company at December 31, 2021. Number of Days Past Due Not Yet Due Total Customer Over 90 61-90 1-30 31-60 $ 9,600 $15,700 Aneesh $ 25,300 Bird 28,400 50,800 $ 28,400 5,500 Cope 5,200 $40,100 DeSpears 38,000 $38,000 Others 119,500 75,200 31,800 12,500 $262,000 $109,100 $46,600 $28,200 $40,100 $38,000 Estimated percentage uncollectible 3% 7% 13% 23% 59% Total estimated bad debts $ 41,844 $3,273 $3,262 $3,666 $9,223 $22,420 At December 31, 2021,...
Presented below is an aging schedule for Bridgeport Corp. at December 31, 2021. Number of Days Past Due Not Yet...
Presented below is an aging schedule for Bridgeport Corp. at December 31, 2021. Number of Days Past Due Not Yet Due Total Customer 1-30 31-60 Over 90 61-90 Aneesh $ 23,700 $ 8,100 $15,600 Bird Cope De Spears 32,600 $ 32,600 48,900 4,700 4,600 $39,600 37,200 $37,200 120,900 75,400 33,100 $263,300 $112,700 $45,800 $28,000 $39,600 $37,200 Others Estimated percentage uncollectible 3% 7% 13% 26% 62% Total estimated bad debts $43,587 $ 3,381 $3,206 $3,640 $ 10,296 $23,064 At December 31,...
Problem 8-3A Presented below is an aging schedule for Larkspur, Inc. Number of Days Past Due Not Over 90 Customer Total 1-30 31-60 Yet Due 61-90 $ 25,800 Anders $11,800 $14,000 Blake 40,400 40,400 Coulson 58,400 16,800 5,800 $35,800 Deleon 33,200 $33,200 133,400 Others 97,000 6,300 16,300 13,800 $291,200 $154,200 $33,900 $27,800 $35,800 $39,500 Estimated Percentage Uncollectible 3% 6% 14% 24% 49% Total Estimated Bad Debts $ 8,592 $38,499 $4,626 $ 2,034 $3,892 $19,355 At December 31, 2019, the unadjusted...
Problem 8-03A a-c (Video) Presented below is an aging schedule for Halleran Company. Number of Days Past Due Not Over Total 1-30 Customer Yet Due 31-60 61-90 90 22,000 $10,000 $12,000 Anders $40,000 40,000 Blake $35,000 57,000 16,000 6,000 Coulson $34,000 34,000 Deleon 132,000 96,000 16,000 14,000 6,000 Others $285,000 $152,000 $32,000 $26,000 $35,000 $40,000 Estimated 3% 6% 13% 25% 50% Percentage Uncollectible Total Estimated Bad 38,610 $4,560 $1,920 3,380 $ 8,750 $20,000 Debts At December 31, 2020, the unadjusted...
Problem 8-03A a-c (Video) Presented below is an aging schedule for Halleran Company. Not Yet Due Customer Anders Number of Days Past Due Over 1-30 31-60 61-90 90 $10,000 $12,000 Blake Total $ 22,000 40,000 57,000 34,000 132,000 $285,000 $40,000 16,000 6,000 Coulson Deleon Others $35,000 96,000 $152,000 16,000 $32,000 14,000 $26,000 $34,000 6,000 $40,000 $35,000 3% 6% 13% 25% 50% Estimated Percentage Uncollectible Total Estimated Bad Debts $ 38,610 $ 4,560 $ 1,920 $3,380 $8,750 $20,000 At December 31,...
Please tell me what is supposed to go into each specific box,
i'm very confused.
Presented below is an aging schedule for Skysong, Inc. Number of Days Past Due Customer Over 90 Anders Blake Coulson Not Total Yet Due 1-30 31-60 61-90 $ 25,300 $11,400 $13,900 40,500 $ 40,500 55,300 15,500 5,700 $34,100 35,000 131,700 95,400 16,000 14,000 $287,800 $151,400 $33,100 $27,900 $34,100 1% 5% 13% 26% $ 34,247 $1,514 $1,655 $3,627 $8,866 Deleon Others $35,000 6,300 $41,300 45% $18,585...
Problem 8-3A (Part Level Submission) Presented below is an aging
schedule for Whispering Winds Corp.. Number of Days Past Due
Customer Total Not Yet Due 1–30 31–60 61–90 Over 90 Anders $ 22,700
$10,600 $12,100 Blake 41,300 $ 41,300 Coulson 57,100 15,200 6,000
$35,900 Deleon 34,900 $34,900 Others 132,800 95,500 15,400 15,000
6,900 $288,800 $152,000 $32,000 $27,100 $35,900 $41,800 Estimated
Percentage Uncollectible 1% 6% 13% 24% 40% Total Estimated Bad
Debts $ 32,299 $ 1,520 $ 1,920 $ 3,523 $...
Presented below is an aging schedule for Ivanhoe Company at December 31, 2021. Customer Aneesh Bird Number of Days Past Due Not Yet Over Total Due 1-30 31-60 61-90 90 $23.700 $8,700 $15,000 27.900 $ 27,900 53,500 4,900 4,900 $43.700 38.500 $38.500 126,300 77,500 36,600 12,200 $249,900 $110,300 $50,200 $27.200 $43,700 $38.500 Cope De Spears Others Estimated percentage un collectible 3% 8% 12% 24% 61% Total estimated bad debts $44562 $3,309 $4,016 $3.264 $10.488 $23,485 At December 31, 2021, the...
Problem 8-03A a-c (Part Level Submission) (Video) Presented below is an aging schedule for Sheffield Corp.. Number of Days Past Due Not Over Customer Total Yet Due 1-30 31-60 61-90 90 Anders $ 22,300 $10,500 $11,800 Blake 40,600 $ 40,600 Coulson 57,600 16,900 6,700 $34,000 Deleon 33,500 $33,500 Others 133,200 96,600 16,700 13,600 6,300 $287,200 $154,100 $33,900 $25,400 $34,000 $39,800 Estimated Percentage 1% 6% 13% 25% 55% Uncollectible Total Estimated Bad $ 37,267 37.267 $1,541 $2,034 Debts $3,302 $ 8,500...
Presented below is an aging schedule for Ivanhoe Company at December 31, 2021. Number of Days Past Due Not Yet Due Total Customer 1-30 31-60 Over 90 61-90 Aneesh $8,700 $15,000 Bird $ 23.700 27,900 53,500 $ 27,900 4.900 Cope 4.900 $43.700 DeSpears Others 38.500 $38,500 126,300 77,500 36,600 12,200 $269,900 $110,300 $50,200 $27,200 $43,700 $38,500 Estimated percentage uncollectible 3% 8% 12% 24% 61% Total estimated bad debts $44,562 $3,309 $4,016 $3,264 $10,488 $23,485 At December 31, 2021, the unadjusted...
Presented below is an aging schedule for Oriole Company at December 31, 2021. Number of Days Past Due Not Yet Due Total Customer Over 90 61-90 1-30 31-60 $ 9,600 $15,700 Aneesh $ 25,300 Bird 28,400 50,800 $ 28,400 5,500 Cope 5,200 $40,100 DeSpears 38,000 $38,000 Others 119,500 75,200 31,800 12,500 $262,000 $109,100 $46,600 $28,200 $40,100 $38,000 Estimated percentage uncollectible 3% 7% 13% 23% 59% Total estimated bad debts $ 41,844 $3,273 $3,262 $3,666 $9,223 $22,420 At December 31, 2021,...
Presented below is an aging schedule for Bridgeport Corp. at December 31, 2021. Number of Days Past Due Not Yet Due Total Customer 1-30 31-60 Over 90 61-90 Aneesh $ 23,700 $ 8,100 $15,600 Bird Cope De Spears 32,600 $ 32,600 48,900 4,700 4,600 $39,600 37,200 $37,200 120,900 75,400 33,100 $263,300 $112,700 $45,800 $28,000 $39,600 $37,200 Others Estimated percentage uncollectible 3% 7% 13% 26% 62% Total estimated bad debts $43,587 $ 3,381 $3,206 $3,640 $ 10,296 $23,064 At December 31,...
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