Question: Question 1 View Policies Current Attempt in Progress Presented below is an aging schedule for Flint Corporation at December 31, 2021 Customer Aneesh Bird Cope


Question 1 View Policies Current Attempt in Progress Presented below is an aging schedule for Flint Corporation at December 31, 2021 Customer Aneesh Bird Cope Number of Days Past Due Not Yet Total Due 1-30 31-60 61-90 90 $ 23,600 $ 9,600 $14,000 32,800 $ 32,800 48,800 4,600 5.400 $38,800 37,000 $37,000 115,300 70,200 32,600 12,500 $257.500 $107.600 $47,600 $26,500 $38,800 $37.000 3% 7% 11% 25% 57% $40,265 $3,228 $3,332 $2.915 $9,700 $21,090 DeSpears Others Estimated percentage uncollectible Total estimated bad debts At December 31, 2021, the unadjusted balance in Allowance for Doubtful Accounts is a credit of $8,600. Journalize the adjusting entry for bad debts at December 31, 2021. (Credit account titles are automatically indented when amount is entered. De not indent manu Account Titles and Explanation Debit Credit e Textbook and Media List of Accounts Post the adjusting entry for bad debts at December 31, 2021 Bad Debts Expense Post the adjusting entry for bad debts at December 31, 2021. Bad Debts Expense 12/31 12/31 Bal. Allowance for Doubtful Accounts e Textbook and Media List of Accounts Journalize the 2022 transactions: (Credit account titles are automatically indented when amount is entered. Do not indent manually) 1. March 1, a $500 customer balance originating in 2021 is judged uncollectible. 2. May 1, a check for $580 is received from the customer whose account was written off as uncollectible on March 1. No. Date Account Titles and Explanation Debit Credit (To reinstate account previously written off) Post to the wance account these 2022events es in the order of tres posted in the part elethook and Me List of Accounts Journal the dusting entry for bed dette December 1, 2022.suming anually the b a lance I t of $1.000 and the w hole in the debe Textbook and Media List of Accounts
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