Homework: Ch $6$ HW $2$

Question $8,$ EF$9-21($similar to$)$

HW Score: $0\%,0$ of $8$ points

Part $1$ of $4$

Points: $0$ of $1$

schedule for its accounts receivable:

$($Click the icon to view the aging schedule.$)$

Read the requirements.

Requirement $1.$ Journalize the year$-$end adjusting entry for bad debts on the basis of the aging schedule. Show the T$-$account for the Allowance for Bad Debts at December $31,2024.$

Begin by determining the target balance of Allowance for Bad Debts by using the age of each account.

Data table

Requirements

Journalize the year$-$end adjusting entry for bad debts on the basis of the as schedule. Show the T$-$account for the Allowance for Bad Debts at Decemb $31,2024.$

Help me solve this

Etext

$2.$ Show how Advanced Automotive Technology will report its net accounts receivable on its December $31,2024,$ balance sheet.