Adjustment for uncollectible accounts Below is the aging of receivables schedule for Evers Industries. Aging of...

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Adjustment for uncollectible accounts Below is the aging of receivables schedule for Evers Industries. Aging of Receivables Schedule November 30 Not 1-30 31-60 61-90 Over 90 Past Days Days Customer Balance Due Past Due Past Due Days Past Due Days Past Due Subtotals 847,400 500,000 186,400 76,300 42,400 42,300 Boyd Industries 11,200 11,200 Hodges Company 20,700 20,700 Kent Creek Inc. 10,000 10,000 Lockwood Company 12,000 12,000 Van Epps Company 26,400 26,400 Totals 927,700 526,400 198,400 Percentage uncollectible 1% 6% 86,300 20% 63,100 53,500 30% 45% Allowance for Doubtful Accounts 77,433 5,264 11,904 17,260 18,930 24,075 Assume that the allowance for doubtful accounts for Evers Industries has a credit balance of $ 16,260 before adjustment on July 31. Journalize the adjusting entry for uncollectible accounts as of July 31. If an amount box does not require an entry, leave it blank. July 31 Adjustment for uncollectible accounts Below is the aging of receivables schedule for Evers Industries. Aging of Receivables Schedule November 30 Not 1-30 31-60 61-90 Over 90 Past Days Days Customer Balance Due Past Due Past Due Days Past Due Days Past Due Subtotals 847,400 500,000 186,400 76,300 42,400 42,300 Boyd Industries 11,200 11,200 Hodges Company 20,700 20,700 Kent Creek Inc. 10,000 10,000 Lockwood Company 12,000 12,000 Van Epps Company 26,400 26,400 Totals 927,700 526,400 198,400 Percentage uncollectible 1% 6% 86,300 20% 63,100 53,500 30% 45% Allowance for Doubtful Accounts 77,433 5,264 11,904 17,260 18,930 24,075 Assume that the allowance for doubtful accounts for Evers Industries has a credit balance of $ 16,260 before adjustment on July 31. Journalize the adjusting entry for uncollectible accounts as of July 31. If an amount box does not require an entry, leave it blank. July 31