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Folloying is a list of credit customers along with their amounts owed due and the...

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Accounting

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Folloying is a list of credit customers along with their amounts owed due and the days post due at December 3 t. Following that list are five classifications of accounts receivable and estimated bad debts percent for each class. 1. Cieate an aging of accounts receivable schedule of accounts receivable by age similar to the table given above. Cakculate the estimated balance for the Allowance for Doubtful Accounts. 2. Assuming an unadjusted credit balance of $240, record the required aglustment to thit Allowance for Doubitut Accounts 1. Create an aging of accounts recelvable schedule of accounts recelvable by age similar to the table given above. Calculate the estimated balance for the Allowance for Doubtful Accounts. 2. Assuming an unadjusted credit balance of $240, record the required adjustment to the Allowance for Doubtful Accounts. Journal entry worksheet Assuming an unadjusted credit balance of $240, record the required adjustment to the Allowance for Doubtful Accounts. Note: Enter debits before credits

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