Question: = Homework: Chapter 9 Homework - Data table World Class Work Shoes had the following balances at December 31, 2018, before the year-end adjustments: E:

= Homework: Chapter 9 Homework - Data table World Class Work Shoes had the following balances at December 31, 2018, before the year-end adjustments: E: (Click the icon to view the balances.) The aging of accounts receivable yields the following data: (Click the icon to view the accounts receivable aging schedule.) Age of Accounts Receivable Over 60 Days Total Receivables 0-60 Days Accounts Receivable $ 63,000 $ 5,000 $ 68,000 Estimated percent uncollectible x 3% x 22% Requirements 1. Journalize World Class' entry to record bad debts expense for 2018 using the aging-of-receivables method 2. Prepare a T-account to compute the ending balance of Allowance for Bad Debts. Requirement 1. Journalize World Class' entry to record bad debts expense for 2018 using the aging-of-receivables method. Print Done Date Accounts Debit Credit Dec. 31 Data table Accounts Receivable Allowance for Bad Debts 68,000 72,036
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