Tableau Dashboard Activity 5-1 Account for Uncollectible Accounts Using the Aging Method Review the Tableau visualization,...
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Tableau Dashboard Activity 5-1 Account for Uncollectible Accounts Using the Aging Method Review the Tableau visualization, and then answer the questions that follow. Total Accounts Receivable Amount $160,000 $150,000 $140,000 $130,000 $120,000 $110,000 $100,000 $90,000 $80,000 $70,000 $60,000 $50,000 $40,000 $30,000 $20,000 $10,000 $0 #+ableau Accounts Receivable Average % Estimated Uncollectible $100,000 $80,000 $60,000 $40,000 $20,000 $0 50% By Age Category 40% 30% 20% 10% 0% Not yet due 1-60 days >60 days past past due due Not yet due 1-60 days past >60 days past due due Age O Not yet due O 1-60 days past due O >60 days past due Customer Individual Account Balance Customer # 242 246 251 261 265 269 271 276 279 282 286 288 292 294 301 303 307 317 318 322 323 326 329 333 335 343 347 349 353 $0 $1,000 $2,000 Amount O Required 1 Required 2 Required 3 Record the adjusting entry for uncollectible accounts. Assume the balance of Allowance for Uncollectible Accounts prior to the adjusting entry is $2,173 (credit). (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your answers to the nearest whole dollar amount.) View transaction list Journal entry worksheet 1 Record the adjusting entry for uncollectible accounts. Note: Enter debits before credits. Required 4 Required 5 Transaction 1 Record entry General Journal Clear entry Debit Credit View general journal Tableau Dashboard Activity 5-1 Account for Uncollectible Accounts Using the Aging Method Review the Tableau visualization, and then answer the questions that follow. Total Accounts Receivable Amount $160,000 $150,000 $140,000 $130,000 $120,000 $110,000 $100,000 $90,000 $80,000 $70,000 $60,000 $50,000 $40,000 $30,000 $20,000 $10,000 $0 #+ableau Accounts Receivable Average % Estimated Uncollectible $100,000 $80,000 $60,000 $40,000 $20,000 $0 50% By Age Category 40% 30% 20% 10% 0% Not yet due 1-60 days >60 days past past due due Not yet due 1-60 days past >60 days past due due Age O Not yet due O 1-60 days past due O >60 days past due Customer Individual Account Balance Customer # 242 246 251 261 265 269 271 276 279 282 286 288 292 294 301 303 307 317 318 322 323 326 329 333 335 343 347 349 353 $0 $1,000 $2,000 Amount O Required 1 Required 2 Required 3 Record the adjusting entry for uncollectible accounts. Assume the balance of Allowance for Uncollectible Accounts prior to the adjusting entry is $2,173 (credit). (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Round your answers to the nearest whole dollar amount.) View transaction list Journal entry worksheet 1 Record the adjusting entry for uncollectible accounts. Note: Enter debits before credits. Required 4 Required 5 Transaction 1 Record entry General Journal Clear entry Debit Credit View general journal
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To record the adjusting entry for uncollectible accounts we need to estimat... View the full answer
Related Book For
Financial Accounting an introduction to concepts, methods and uses
ISBN: 978-0324789003
13th Edition
Authors: Clyde P. Stickney, Roman L. Weil, Katherine Schipper, Jennifer Francis
Posted Date:
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