Problem 9-03A a-c (Part Level Submission) Presented below is an aging schedule for Marigold Company.

Problem 9-03A a-c (Part Level Submission) Presented below is an aging schedule for Marigold Company.

Problem 9-03A a-c (Part Level Submission) Presented below is an aging schedule for Marigold Company. Number of Days Past Due Not Over Total 1-30 31-60 61-90 90 Yet Due Customer $22,000 $10,100 $11,900 Anders $38,500 Blake 38,500 $34,900 5,900 57,300 16,500 Coulson $33,200 33,200 Deleon 5,700 14,100 95,300 15,900 131,000 Others $38,900 $150,300 $31,900 $26,000 $34,900 $282,000 Estimated Percentage Uncollectible 40% 26% 6% 13% 3% Total Estimated Bad Debts $15,560 $9,074 $1,914 $3,380 $4,509 $34,437 At December 31, 2020, the unadjusted balance in Allowance for Doubtful Accounts is a credit of $13,000. (a) Your answer is correct. count titles are 2020. (a) Your answer is correct. Journalize and post the adjusting entry for bad debts at December 31, 2020. (Credit account titles are au indent manually.) Debit Credit Date Account Titles Dec. 31 Bad Debt Expense 21437 21437 Allowance for Doubtful Accounts Bad Debts Expense Balance Credit Ref. Debit Explanation Date 21437 Dec. 31 Adjusting 21437 Allowance for Doubtful Accounts Balance Credit Debit Ref. Explanation Date 13000 Dec. 31 Balance 34437 21437 Dec. 31 Adjusting Open Show Work Click if you would like to Show Work for this question: e to search US Weygandt, Accounting Help I System Announcements 1200 May 31 Cash Accounts Receivable 1200 (To record collection of write off.) a-b a-b sion) Allowance for Doubtful Accounts Balance Ref. Credit Explanation Debit Date Part 13,000 Balance Dec. 31, 2020 (Part 34,437 21,437 Dec. 31, 2020 Adjusting (Part Mar. 31, 2021 1200 33237 (Part 34437 May 31, 2021 1200 ssion Open Show Work Click if you would like to Show Work for this question: SHOW ANSWER SHOW LIST OF ACCOUNTS LINK TO TEXT JS Weygandt, Accounting Principles, 13e Help I System Announcements CALCURATOR BACK NEXT PRINTER VRSION SHOW ANSWER SHOW LIST OF ACCOUNTS LINK TO TEXT Attempts: 1 of 3 used (c) Journalize the adjusting entry for bad debts on December 31, 2021, assuming that the unadjusted balance in Allowance for Doubtful Accounts is a debit of $900 and the aging schedule indicates that total estimated bad debts will be $29.100. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) t Debit Credit rt Account Titles Date Dec. 31 n) Open Show Work Click if you would like to Show Work for this question: sasow LEST OF ACCOSINIS LINK TO EXI SUBMIT ANSWER SAVE FOR LAIER Attempts: 0 of 3 used 152 PM de 7/30/2019 re to search C

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