Question: Please journalize and post adjusting entries for bad debts, also allowances for doubtful accounts need to be entered WileyPLUS Return to Blackboard Weygandt, Financial and

Please journalize and post adjusting entries for bad debts, also allowances for doubtful accounts need to be entered

Please journalize and post adjusting entries for
WileyPLUS Return to Blackboard Weygandt, Financial and Managerial, 3e Help | System Announcements CALCULATOR PRINTER VERSION BACK NEXT Not Customer Total Yet Due 1-30 31-60 61-90 Over 90 Anders $ 25,300 $11,400 $13,900 Blake 40,500 $ 40,500 Coulson 55,300 15,500 5,700 $34,100 Deleon 35,000 $35,000 Others 131,700 95,400 16,000 14,000 6,300 $287,800 $151,400 $33,100 $27,900 $34,100 $41,300 Estimated Percentage 1% 5% 13% 26% 45% Uncollectible Total Estimated Bad Debts $ 34, 247 $ 1,514 $ 1,655 $ 3,627 $ 8,866 $18,585 At December 31, 2020, 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, 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles Debit Credit Bad Debt Expense Allowance for Doubtful Accounts /main lini

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