Problem 8-3A (Part Level Submission) Presented below is an aging schedule for Whispering Winds Corp.. Number of Days Past Due Customer Total Not Yet Due 130 3160 6190 Over 90 Anders $ 22,700 $10,600 $12,100 Blake 41,300 $ 41,300 Coulson 57,100 15,200 6,000 $35,900 Deleon 34,900 $34,900 Others 132,800 95,500 15,400 15,000 6,900 $288,800 $152,000 $32,000 $27,100 $35,900 $41,800 Estimated Percentage Uncollectible 1% 6% 13% 24% 40% Total Estimated Bad Debts $ 32,299 $ 1,520 $ 1,920 $ 3,523 $ 8,616 $16,720 At December 31, 2019, the unadjusted balance in Allowance for Doubtful Accounts is a credit of $12,100.

*Problem 8-3A (Part Level Submission) Presented below is an aging schedule for Whispering Winds Corp.. Number of Days Past Due Not Over Customer Total Yet Due 1-30 31-60 61-90 90 Anders $ 22,700 $10,600 $12,100 Blake 41,300 $ 41,300 Coulson 57,100 15,200 6,000 $35,900 Deleon 34,900 $34,900 Others 132,800 95,500 15,400 15,000 6,900 $288,800 $152,000 $32,000 $27,100 $35,900 $41,800 Estimated Percentage 1% 6% 13% 24% 40% Uncollectible Total Estimated $ 32,299 $1,520 $ 1,920 $3,523 $ 8,616 $16,720 Bad Debts At December 31, 2019, the unadjusted balance in Allowance for Doubtful Accounts is a credit of $12,100. a) Journalize the adjusting entry for bad debts at December 31, 2019. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles Debit Credit Post the adjusting entry for bad debts at December 31, 2019. Bad Debt Expense Allowance for Doubtful Accounts Journalize and post to the allowance account the following events and trans automatically indented when amount is entered. Do not indent manually.) (1) On March 31, a $1,200 customer balance originating in 2017 is judged uncollectible. (2) On May 31, a check for $1,200 is received from the customer whose account was written off as uncollectible on March 31. No. Date Account Titles and Explanation Debit Credit (2). (To reverse write-off) (To record collection of write-off.) Ref. Debit Credit Balance Allowance for Doubtful Accounts Date Explanation Dec. 31 2017 Balance Dec. 31 2017 Adjusting Mar 31 2018 11,600 34,247 22,647 May 31 2018