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question problem has 3 parts a b and c the following summarizes the aging of account 4277210

Question

Problem has 3 parts. A, B, and C.

The following summarizes the aging of accounts receivable for Johnston Supplies, Inc. as of July 31, 2016: Number of Days Unpaid Historical Uncollectible Receivable $128 400 5% Not yet due 1-30 days past due $91,100 10% 31-50 days past due $55,500 16% Over 60 days past due $33.700 33% Required a. The unadjusted balance of the Allowance for Doubtful Accounts of Johnston Supplies. Inc. is a credit balance in the amount of $29.517 on July 31, 2016. Prepare the required adjusting entry to record Bad Debt Expense for the year. (If no entry is required for a transaction/event, select “No Journal Entry Required” in the first account field.) transaction st view transa Journal E 1. Record the adjusting entry to record bad debt expense for the year July 31, 2016. Recor 2016. Date July 31. 2016 its journal entry has been entered dol

 

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