Question: BE6.6 (LO 3) Use the information presented in BE6.5 for Wilton, AG. a. Instead of an Allowance for Doubtful Accounts Balance of 2,400 credit, the

BE6.6 (LO 3) Use the information presented in BE6.5 for Wilton, AG.

a. Instead of an Allowance for Doubtful Accounts Balance of €2,400 credit, the balance was

€1,900 debit. Assume that 10% of accounts receivable will prove to be uncollectible. Prepare the entry to record bad debt expense.

b. Instead of estimating uncollectibles based on a percentage of receivables, assume Wilton prepares an aging schedule that estimates total uncollectible accounts at €24,600. (Assume an allowance of

€2,400 credit.) Prepare the entry to record bad debt expense.

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