Tableau DA $7-3($Static$)$: Mini$-$Case, Aging of receivables method and adjusting entries LO P$3$ Estimate the balance of the Allowance for Doubtful Accounts using aging of accounts receivable.

Make the adjusting entry to record Bad Debts Expense assuming the unadjusted balance in the Allowance for Doubtful Accounts is

a $$5,000$ credit and use of the aging of accounts receivables method.

Make the adjusting entry to record Bad Debts Expense assuming the unadjusted balance in the Allowance for Doubtful Accounts is

an $$8,000$ debit and use of the aging of accounts receivables method.

Based on further analysis, assume we find that the percentages in the graphic "Percent Uncollectible by Age" are too high. When

alerting the manager, she responds that this is intentional. What are the income statement impacts from the overstated percentages?

Complete this question by entering your answers in the tabs below.

Required $1$

Required $2$

Required $3$

Estimate the balance of the Allowance for Doubtful Accounts using aging of accounts receivable. Complete this question by entering your answers in the tabs below.

Make the adjusting entry to record Bad Debts Expense assuming the unadjusted balance in the Allowance for Doubtful Accounts is a

$$5,000$ credit and use of the aging of accounts receivables method.

Journal entry worksheet

Record the estimated bad debts.

Note: Enter debits before credits. Make the adjusting entry to record Bad Debts Expense assuming the unadjusted balance in the Allowance for Doubtful Accounts is an

$$8,000$ debit and use of the aging of accounts receivables method.

Journal entry worksheet

$1$

Record the estimated bad debts.

Note: Enter debits before credits.Complete this question by entering your answers in the tabs below.

Required $3$

Required $4$

Based on further analysis, assume we find that the percentages in the graphic "Percent Uncollectible by Age" are too high. When alerting

the manager, she responds that this is intentional. What are the income statement impacts from the overstated percentages?

What are the income statement impacts from the overstated percentages?

The manager asks you to assist her with the data analytics on bad debts expense at year$-$end. To do this, you access the following

Tableau Dashboard for your company.

Makeup of Current Assets