Question: Please Answer thank you (2) 8-Practice Exercise set 22 Selected unadjusted account balances at December 21 2020 are shown below for Demon Serving Debit $63,000

Please Answer thank you (2)
Please Answer thank you (2) 8-Practice Exercise set 22 Selected unadjusted account
balances at December 21 2020 are shown below for Demon Serving Debit
$63,000 Accant Accounts receivable Allowance for doubtful accounts Sales (all credit) Sales
discounts Journal entry worksheet Required: a. Assume that Demron estimates uncollectible accounts
as 2% of recevabies. Prepare the adjusting entry 2020 to estimate uncollectible
receivables Calt 11,000 437,000 Record the estimate for uncollectible accounts er det
before cred Date Immenter 31 General Journal mal browser-OddaunchUit A Deb Cred
December 2 Chapter 8-Practice Exercise set #2 2 10 points absk Pren

8-Practice Exercise set 22 Selected unadjusted account balances at December 21 2020 are shown below for Demon Serving Debit $63,000 Accant Accounts receivable Allowance for doubtful accounts Sales (all credit) Sales discounts Journal entry worksheet Required: a. Assume that Demron estimates uncollectible accounts as 2% of recevabies. Prepare the adjusting entry 2020 to estimate uncollectible receivables Calt 11,000 437,000 Record the estimate for uncollectible accounts er det before cred Date Immenter 31 General Journal mal browser-OddaunchUit A Deb Cred December 2 Chapter 8-Practice Exercise set #2 2 10 points absk Pren Journal entry worksheet Help Check b. During 2021, credit sales were $565,000 (cost of sales $370,450 sales discounts taken were $11.000 accounts receive collected were $403.300, and accounts written off during the year totalled $9.200 Prepare the entries to record these tractions View transaction ist Journal entry worksheet 10 points Mc Book View transaction list Journal entry worksheet 1 fr pints etlook References Mc Journal entry worksheet 2 Year 2021 3 Record the collections les sales discounts. Note: Enter debits before credits. Record entry 4 General Journal Clear entry Debit Credit View general journal ebook Print References Mc Graw Journal entry worksheet Record the write-off of uncollectible accounts, Note: Enter debits before credits Year 2021 Record entry General Journal Clear entry Debit Credit View general journal c. Record the adjusting entry required on December 31, 2021, to estimate uncollectible recervebles, assuming besed on 25% of t credit sales View transaction st Journal entry worksheet >

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