(Jitendra) 25th due

Problem 9-3A (Part Level Submission)

Presented below is an aging schedule for Halleran Company.

						Number of Days Past Due
Customer		Total		Not Yet Due		130		3160		6190		Over 90
Anders		$ 25,800				$11,800		$14,000
Blake		40,400		$ 40,400
Coulson		58,400		16,800		5,800				$35,800
Deleon		33,200										$33,200
Others		133,400		97,000		16,300		13,800				6,300
		$291,200		$154,200		$33,900		$27,800		$35,800		$39,500
Estimated Percentage Uncollectible				3%		6%		14%		24%		49%
Total Estimated Bad Debts		$ 38,499		$ 4,626		$ 2,034		$ 3,892		$ 8,592		$19,355

At December 31, 2017, the unadjusted balance in Allowance for Doubtful Accounts is a credit of $11,600.

(a) Journalize and post the adjusting entry for bad debts at December 31, 2017. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)