Question: A B C D E F G What is the maturity date of a 120-day note receivable dated March 5? (5 points) 2. (10 points)

A B C D E F G What is the maturity date of a 120-day note receivable dated March 5? (5 points) 2. (10 points) A company had the following items and amounts in its unadjusted trial balance as of December 31 of the current year: Debit Credit Cash sales... $188,000 Credit sales $275,000 Accounts receivable. $76,000 Allowance for doubtful accounts. $1,000 5 an 9 Prepare the adjusting entry to estimate bad debts assuming an aging analysis estimates that 8% of the outstanding accounts receivable will be uncollectible. 10 11 12 13 14 You may omit explanations. Show any work below the journal entry table. Date Account Titles and Explanations Debit Credit 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29
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