Question: help i was studying on this topic and i cant solve the problem (8) Presented below is anaging schedule for Novak Company at December 31.2021.



Presented below is anaging schedule for Novak Company at December 31.2021. Sourralize and post the adjusting entry for uncoliectibles at December 31,2021 . (Credit account tifes are automatically indented when omount is entered. Do mot indent manially.) foumalize ard post to the allowanco account these 2022 selectod coents and transactions; Credut account fifies are dotomiticany indented when amsant is entered. Do nod indent manuany 1 1. On March 35 a $1,100 citoner balance onginating in 20218 jodged uncollectible. 2. On May 31 a theck for $1.100 is received trom the cisiomer whore account was written of as uncollectole on March 31 . Journaise the ad|usting entry for uncollectibles on Deccenber 31.2022, a5suming that the unadjusted balance in Allowance for Doubtful Accounts is a debit of 5760 and the aging sehedule indicates that total estimated uncollecthles will be $29,600. (Credit account fitles are automoticalfy indented when amount is entered. Ds not indent manualily J At December 31,2021 , the unadjusted balance in Allowance for Doubtful Accounts is a credit of $11,900. (a) Journalize and post the adjusting entry for uncollectibles at December 31, 2021. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
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