Question: 6 Required: a. Prepare the adjusting entry assuming that Winfrey estimates uncollectible accounts based on an aging analysis as follows December 31, 2020 Expected Percentage




6 Required: a. Prepare the adjusting entry assuming that Winfrey estimates uncollectible accounts based on an aging analysis as follows December 31, 2020 Expected Percentage Accounts Receivable Age of Accounts Receivable Uncollectible $ 140,000 Not due (under 30 days) 15 40,000 1 to 3 days past due 45 9,500 31 to 6 days past due 105 2,200 Over 60 days past due ses 2 oints View transaction list Journal entry worksheet 1 Record the estimate for uncollectible accounts Note: Enter debits before credits Journal entry worksheet > 6
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