CES EPresented below is an aging schedule for Halleran Company Number of Days Pa
ID: 2541266 • Letter: C
Question
CES EPresented below is an aging schedule for Halleran Company Number of Days Past Due Not TotalYet Duea031-60 61909 y Anders $ 23,900 $10,300 $13,600 39,200 $ 39,200 57,000 16,200 5,300 33,400 $35,500 Coulson Deleon $33,400 5,100 $282,200 $149,600 $31,300 $27,300 $35,500 $38,500 128,700 94,200 15.700 13,700 Estimated Percentage Uncollectible 3% 5% 14% 24% 46% Total Estimated Bad s 36,105 $4,488 $1,565 $3,822 $8,520 $17,710 At December 31, 2017, the unadjusted balance in Allowance for Doubtful Accounts is a credit of $11,500 Journalize and post the adjusting entry for bad debts at Decemb Date Account Titles Debit Credit Dec. 31, 2018 Accounts Receivable sPolicy | 2000-20 Inc All Rights A Division of 2ohn wilesExplanation / Answer
Total Bad debts estimated 36,105 Less: Balance in allowance account 11,500 Bad debts expense 24,605 Date Accounts Titles Debit Credit Dec 31, 2018 Bad debts Expense $ 24,605 Allowance for doubtful accounts $ 24,605 Allowance for doubtfull accounts 11500 Beg Balance 24605 Curr Prov 36105 End Balane