Y7

P8.4B (LO 2) AP Presented below is an aging schedule for Sonder Company at June 30, 2023: Number of Days Past Due Customer Total Not Yet Due 1-30 31-60 61-90 Over 90 Archer $ 26,400 $ 12,000 $ 14,400 Baccay 48,000 $ 48,000 Chaves 68,400 19,200 7,200 $ 42,000 Kimura 40,800 $ 40,800 Others 158,400 115,200 19,200 16,800 7,200 $342,000 $182,400 $38,400 $31,200 $42,000 $48,000 Estimated percentage uncollectible 3% 6% 13% 25% 50% Estimated uncollectible accounts $ 46,332 $ 5,472 $ 2,304 $ 4,056 $ 10,500 $ 24,000 At June 30, 2023, the unadjusted balance in Allowance for Doubtful Accounts is a credit of $14,400. Instructions a. Prepare T accounts for Accounts Receivable and Allowance for Doubtful Accounts and enter the 2023 unadjusted balances. b. Prepare and post the adjusting entry for uncollectibles at June 30, 2023. c. Prepare and post the entries for these selected fiscal 2024 events and transactions: 1. September 30, a $1,200 customer balance originating in 2023 is judged uncollectible. 2. November 30, a cheque for $1,200 is received from the customer whose account was written off as uncollectible on September 30. d. Prepare the adjusting entry for uncollectibles on June 30, 2024, assuming that the unadjusted balance in Allowance for Doubtful Accounts is a debit of $960 and the aging schedule indicates that total estimated uncollectibles will be $37,920