Accounts Receivable At the yearend December 31st, 2024, Jump Corporation prepared the following aged accounts receivable...

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Accounts Receivable At the yearend December 31st, 2024, Jump Corporation prepared the following aged accounts receivable balances: Period Outstanding Current (0-30 days) 31-60 days 61-90 days 90+ days Total Estimated Balance uncollectible $255,000 2% 350,000 5% 75,000 10% 52,000 20% $732,000 (a) Calculate the estimated uncollectible at December 31, 2024. (b) At the yearend December 31, 2024, the Allowance for Doubtful Accounts (AFDA) balance per the general ledger was a $9,500 credit. Prepare the adjusting journal entry to record the bad debt expense at yearend (c) During the subsequent year (2025), Jump Corp wrote off uncollectible accounts receivable of $5,500. Prepare the entry to record the write-off. (d) During the year (2025) a $5,700 account receivable, that was previously written off, was later recovered. Prepare the entry(ies) to record the recovery Accounts Receivable At the yearend December 31st, 2024, Jump Corporation prepared the following aged accounts receivable balances: Period Outstanding Current (0-30 days) 31-60 days 61-90 days 90+ days Total Estimated Balance uncollectible $255,000 2% 350,000 5% 75,000 10% 52,000 20% $732,000 (a) Calculate the estimated uncollectible at December 31, 2024. (b) At the yearend December 31, 2024, the Allowance for Doubtful Accounts (AFDA) balance per the general ledger was a $9,500 credit. Prepare the adjusting journal entry to record the bad debt expense at yearend (c) During the subsequent year (2025), Jump Corp wrote off uncollectible accounts receivable of $5,500. Prepare the entry to record the write-off. (d) During the year (2025) a $5,700 account receivable, that was previously written off, was later recovered. Prepare the entry(ies) to record the recovery