Question: education.com Save & Exit Subm Twilight Company uses the aging of accounts receivable method to estimate Bad Debt Expense. The balance of each account receivable

 education.com Save & Exit Subm Twilight Company uses the aging of
accounts receivable method to estimate Bad Debt Expense. The balance of each

education.com Save & Exit Subm Twilight Company uses the aging of accounts receivable method to estimate Bad Debt Expense. The balance of each account receivable is aged on the basis of three categories as follows: (01.30 days old. () 3190 days old, and more than 90 days old, Based on experience management has estimated what portion of receivables of a specific age will not be paid as follows: (1)25, (2) 12%, and (3) 34%, respectively At December 31, 2019, the unadjusted credit balance in the Allowance for Doubtful Accounts was $280. The total Accounts Receivable in each age category were: (0)130 days old. $64.000.) 21.90 days old, $15,000, and more than 90 days old, 54.000 Required: a. Calculate the estimate of uncollectible accounts at December 31, 2019 b. Prepare the appropriate acusting entry dated December 31 2015 Complete this question by entering your answers in the tabs below. Heged Calculate the estimate of collectible accounts at December 31, 2019 Required > SAMSUNG 5 7 8 9 C Y U O F G H J L > V B N M Alt Curl 58 Save View transaction list 1 Journal entry worksheet 1 1:31,02 Record the adjusting entry on December 31, 2019. Note: Enter debits before credits. General Journal Debit Credit Date December 31, 2010 Record entry Cleary View general Journal DX SAMSUNG wa 712 $ 96 ) 3 C 9 5 6 7 8 0 E R T Y U o P D F G H . K

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