Question: table {mso-displayed-decimal-separator:.; mso-displayed-thousand-separator:,;} tr {mso-height-source:auto;} col {mso-width-source:auto;} td {padding-top:1px; padding-right:1px; padding-left:1px; mso-ignore:padding; color:black; font-size:11.0pt; font-weight:400; font-style:normal; text-decoration:none; font-family:Calibri, sans-serif; mso-font-charset:0; text-align:general; vertical-align:bottom; border:none; white-space:nowrap; mso-rotate:0;}
table {mso-displayed-decimal-separator:"\."; mso-displayed-thousand-separator:"\,";} tr {mso-height-source:auto;} col {mso-width-source:auto;} td {padding-top:1px; padding-right:1px; padding-left:1px; mso-ignore:padding; color:black; font-size:11.0pt; font-weight:400; font-style:normal; text-decoration:none; font-family:Calibri, sans-serif; mso-font-charset:0; text-align:general; vertical-align:bottom; border:none; white-space:nowrap; mso-rotate:0;} .xl66 {font-size:12.0pt; font-family:"Liberation Sans", sans-serif; mso-font-charset:0; background:#FDE9D9; mso-pattern:black none;}
| After you have completed P8.3B, consider the following additional question. | |||||||||
| 1. | Assume that the amount judged uncollected changed to $1,250 and that the customer sent in a check for $650 | ||||||||
| on July 1. Also assume that on December 31, the Allowance for Doubtful Accounts had a debit balance of $3,500 | |||||||||
| and the aging schedule estimated that total estimated bad debts will be $36,500. Show the impact of these changes | |||||||||
| on the appropriate journal entries. | |||||||||
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