Question: Please answer with explanation. At June 30, Walla Walla Ltd. prepared the following aging schedule: (a1) Your answer is correct Complete the following aging schedule.

 Please answer with explanation. At June 30, Walla Walla Ltd. prepared

the following aging schedule: (a1) Your answer is correct Complete the following

Please answer with explanation.

At June 30, Walla Walla Ltd. prepared the following aging schedule: (a1) Your answer is correct Complete the following aging schedule. Total Estimated Uncollected Accounts. Number of Days Estimated Accounts Receivable. Uncollectible. Outstanding. 0-45 days. 46-90 days. 15580 $779,000 265,000 122,000 $1,166,000 2% 10600 4% Over 90 days. 21960 18% Total. 48140 Your answer is partially correct. Try again. Prepare the adjusting journal entry to record bad debts expense at June 30 assuming that Walla Walla's allowance for doubtful accounts had a credit balance of $12,650. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Debit Credit June 30 Bad Debts Expense 12650 Allowance for Doubtful Accounts 12650

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