Question: 2 5 Zuo Software categorizes its accounts receivable into four age groups for purposes of estimating its allowance for uncollectible accounts 1. Accounts not yet

 2 5 Zuo Software categorizes its accounts receivable into four age
groups for purposes of estimating its allowance for uncollectible accounts 1. Accounts
not yet due=5142,000, estimated uncollectible 10% 2. Accounts 1-30 days past due
- $55.200, estimated uncollectible 3. Accounts 31.90 days past due - $44.200,

2 5 Zuo Software categorizes its accounts receivable into four age groups for purposes of estimating its allowance for uncollectible accounts 1. Accounts not yet due=5142,000, estimated uncollectible 10% 2. Accounts 1-30 days past due - $55.200, estimated uncollectible 3. Accounts 31.90 days past due - $44.200, estimated uncollectible 17% 4. Accounts more than 10 days past due - $33200, estimated uncollectible 20% At 12/312021, before recording any adjustinents, Zuo has a credit balance of $20.000 in its allowance for uncollectible accounts Required: 1. Estimate the appropriate 12/31/2021 balance for Zuo's allowance for uncollectible accounts 2. What journal entry should Zuo record to adjust its allowance for uncollectible accounts? 3. Calculate Zuo's 12/312021 net accounts receivable balance. Detences Required: Required 2 Required 3 Fstimate the appropriate 12/31/2021 balance for Zuo's allowance for uncollectible accounts. Required 1 Required 2 Required Estimate the appropriate 12/31/2021 balance for Zuo's allowance for uncollectible accounts Balance in allowance for uncobloccounts Journal entry worksheet Record the adjustment to allowance for uncollectible accounts webook Note Enter debts before credits General Journal Debit C 1 Record entry Clear entry View general journal eBook Print Required 1 Required 2 Required 3 References Calculate Zuo's 12/31/2021 net accounts receivable balance. Balance in not accounts receivable

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