Ly Case Study 10 (Part 4) ~ Lyryx Learning Inc - Personal - Microsoft Edge X https://lifa1.lyryx.com/student-servlets/CaseStudyServlet?ccid=10999 b) Prepare the appropriate adjusting entries on September 30, 2015. Hint: Some additional information is provided below but where else might you look to find details relevant to preparing the adjusting entries? . It is estimated that utilities used during September totalled $10,500. . Actual count of ending merchandise inventory on September 30, 2015 was $1,793,435. . Management estimates uncollectible accounts receivable based on the following rates of uncollectibility applied to outstanding accounts: Not yet due (2%), 1-30 days past due (9%), 31-60 days past due (18%), Greater than 61 days past due (60%). Since this is an estimate please round your final answer to the nearest whole dollar. . Income taxes are estimated to be $218,200. General Journal Page GJ1 General Journal Page GJ2 Date Account/Explanation F Debit Credit Date Account/Explanation F Debit Credit 30/Sep Accounts Receivable, Velor Inc. 97, 166 + 9 Building. 97, 166 + - NSF cheque 30/Sep Bank Service Charge Expense 500 + 9 Cash 500 + - bank service charge 30/Sep Utilities Expense 10,500 + - Utilities Payable 10,500 + - estimated utilities expense 30/Sep Cost Of Goods Sold 177,373 Merchandise Inventory 177,373 + - correcting the amount of inventory sold 30/Sep Allowance for Doubtful Accounts + |Bad Debts Expense + - Type here to search O W X 9:37 PM ENG 2021-02-24