Business, 07.12.2021 03:40, angellynn581

Presented below is an aging schedule for Halleran Company. Number of Days Past Due
Customer Total Not Yet Due 1–30 31–60 61–90 Over 90
Anders $ 22,000 $10,000 $12,000
Blake 40,000 $ 40,000
Coulson 57,000 16,000 6,000 $35,000
Deleon 34,000 $34,000
Others 132,000 96,000 16,000 14,000 6,000
$285,000 $152,000 $32,000 $26,000 $35,000 $40,000
Estimated Percentage Uncollectible 3% 6% 13% 25% 50%
Total Estimated Bad Debts $ 38,610 $ 4,560 $ 1,920 $ 3,380 $ 8,750 $20,000
At December 31, 2020, the unadjusted balance in Allowance for Doubtful Accounts is a credit of $12,000.
Journalize and post to the allowance account the following events and transactions in the year 2021.

Answers: 2

Show answers

Other questions on the subject: Business

Business, 22.06.2019 17:50, nuggetslices

On january 1, eastern college received $1,350,000 from its students for the spring semester that it recorded in unearned tuition and fees. the term spans four months beginning on january 2 and the college spreads the revenue evenly over the months of the term. assuming the college prepares adjustments monthly, what amount of tuition revenue should the college recognize on february 28?

Answers: 2

continue

Business, 22.06.2019 23:00, tonya3498

Which of the following is not one of the four principles of bottleneck management? a. increasing capacity at non-bottleneck stations is a mirageb. lost time at the bottleneck is lost system capacity. c. release work orders to the system at the bottleneck's capacity pace. d. increased bottleneck capacity is increased system capacity. e. bottlenecks should be moved to the end of the system process.

Answers: 1

continue

Business, 23.06.2019 00:50, Bunnybear3384

On january 1 of the current year, jimmy's sandwich company reported owner's capital totaling $128,000. during the current year, total revenues were $106,000 while total expenses were $95,500. also, during the current year jimmy withdrew $30,000 from the company. no other changes in equity occurred during the year. if, on december 31 of the current year, total assets are $206,000, the change in owner's capital during the year was:

Answers: 3

continue

Business, 23.06.2019 06:30, pimuang50

Will mark the ! hurry ! drag and drop the ethnic group to identify the country where it is the majority. ethnic groups may be used more than once. match to the right boxcristian greeks. arabs. persiansiran qatar cyprus iraq

Answers: 1

continue

Do you know the correct answer?

Presented below is an aging schedule for Halleran Company. Number of Days Past Due
Customer...