r: Week 4 - Learning Activity 1 X M Question 11 - Week 4 - Lear: X * Homework Help - Q&A from X o c %5 ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=08&launchUrl=https%253A%252F %252FIms.mheducation.com%252Fmghmi... t ) Finish update : Week 4 - Learning Activity 1 Saved Help Save & Exit Submit | 1 1 oRequin-:d information Receivable - Classified by how long it is past due date Part3 of 4 The longer an amount is past due, the less likely it is to be collected Aged amounts are used to estimate the percent of each uncollectible class Knowledge Check 01 Bailey Company has $200,000 of accounts receivable on December 31. The unadjusted balance of its Allowance for Doubtful Accounts is a debit of $9,000. An aging of its accounts receivable suggests that $12,000 of its receivables will be uncollectible. The amount that should be debited to Bad Debt Expense and credited to Allowance for Doubtful Accounts in the year-end adjusting entry is O $3,000 O $21,000 O $9,000 O $14,000 O $23,000 @D %