thol 1 1 Data table 1-30 Days Over 90 Days Age of Accounts 31-60 Days 61-90 Days $75,000 $60,000 2.0% 90% Accounts receivable Estimated percentage uncollectible $100,000 0996 517 000 45% Print Done balance before adjustment. Journalize the year-end adjusting entry for uncollectible accounts on the basis of the aging schedule Calculate the e Allowance on December 31, 2018 Time Remaining: 03:13:49 Next 3 December MUSTA On December 31, 2018, the Accounts receivable balance of Alterations Express is $252,000 The Allowa E (Click the icon to view the aging schedule ) Read the requirements Requirement 1. Journalize the year-end adjusting entry for uncollectible accounts on the basis of the agi December 31, 2018 Begin by recording the year-end adjusting entry for uncollectible accounts in the journal (Record debits fiu Journal Entry Date Accounts Debit Credit Dec 31 Now calculate the resulting ending balance using the following T-account Allowance for uncollectible accounts Bal before adj Adj entry Bal after adj Requirement 2. Assume that instead of a $4,100 credit balance, the Allowance account has a $900 debit resulting ending balance of the Allowance account based on the account aging Show the T-account for the Requirements new how to connecter usting entry for uncolle Requirements - X the Shostat try for uncollectible ac nal Entry 1. Journalize the year-end adjusting entry for uncollectible accounts on the basis of the aging schedule Calculate the resulting ending balance of the Allowance account based on the account aging. Show the T-account for the Allowance on December 31, 2018 2. Assume that instead of a $4,100 credit balance, the Allowance account has a $900 debt balance before adjustment, Journalize the year-end adjusting entry for uncollectible accounts on the basis of the aging schedule Calculate the resulting ending balance of the Allowance account based on the account aging Show the T-account for the Allowance on December 31, 2018 O ge of Accounts ys 61-80 Days 550.000 90% ing the following T-ad Print Done tible accounts balance before adjustment Journalize the yearend adjusting entry for uncollectible accounts on the basis of