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5 Question 1 - *Chat Thread * * Search Result * * Questions ar X | 3 Chapter 10 x Ill Module 8 Q X | Exercise 8-1: x | dokumen.pu x + 17 X C 2% ezto.mheducation.com/ext/map/index.html?_con=conexternal_browser=0launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252Fstudent%.. Chapter 8 Assignment i Saved Help Save Exit Submit b. During 2024, credit sales were $1,607,000; sales discounts taken were $30,000; accounts receivable collected were $1,350,800; and accounts written off during the year totalled $32,000. Prepare the adjusting entry required on December 31, 2024, to estimate uncollectible receivables assuming it is based on the following aging analysis. December 31, 2024 Expected Percentage 6 Accounts Receivable Age of Accounts Receivable Uncollectible points $320, 006 Not due (under 30 days) 1% 99, 000 1 to 30 days past due 4% 28, 000 31 to 60 days past due 10% 19, 000 Over 60 days past due 60% References View transaction list View journal entry worksheet X No Date General Journal Debit Credit December 31, 2024 Bad debt expense 47,160 Allowance for doubtful accounts 17,160 Mc Graw Hill Type here to search o $ 7 P 04) ENG 12:20 UP T.TO/1 ./.0