Solution 04 Walt s manufactures and sells customized work clothes and uniforms Following is a list of accounts receivable as of December 31 2019
Solution Walt s manufactures and sells customized work clothes and uniforms Following is a list of
Solution Walt s manufactures and sells customized work clothes and uniforms Following
and sells customized work clothes and uniforms Following is a list of accounts receivable as of December
Solution Walt s manufactures and sells customized work clothes and
uniforms Following is a list of accounts receivable as of December
Solution Walt s manufactures and sells customized work
Solution Walt s manufactures
(Solution) 04 Walt's manufactures and sells customized work clothes and uniforms. Following is a list of accounts receivable as of December 31, 2019.

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Walt's manufactures and sells customized work clothes and uniforms.  Following is a list of accounts receivable as of December 31, 2019. I-07.04 1 Customer Date of Sale Amount Air There Freight December 11, 2019 12,300 Aurora November 12, 2019 5,000 Batesville August 18, 2019 14,805 CarMan December 9, 2019 21,900 Clinic Quick August 15, 2018 16,040 Delorres River Guides September 19, 2019 8,990 Elonzo's Restaurant December 17, 2019 11,789 Hospital Supply December 4, 2019 135,100 Inidigo November 29, 2019 16,500 Meridan Oil May 20, 2019 11,786 Museum of Art December 21, 2019 255,000 Novellus February 16, 2019 18,780 Norman's December 23, 2019 10,000 Robert Ricketts December 14, 2019 3,550 Sanchez Systems October 25, 2019 22,310 Security by the Hour December 13, 2019 40,900 Stop Shop December 27, 2019 34,700 Target Time February 3, 2019 14,440 Uvlade Ranch December 7, 2019 3,700 Xhi October 20, 2019 15,100 Zebra Sports December 3, 2019 144,000 (a) (b) (c) Walt's manufactures and sells customized work clothes and uniforms. Following is a list of accounts receivable as of December 31, 2019. Sort the receivables list by age category and determine the estimated balance of uncollectible accounts. Walt's believes the following rates of noncollection will occur: 1% of receivables up to 30 days, 3% for 31 to 90 days, 10% for 91 to 180 days, and 40% of accounts over 180 days. If the balance of Allowance for Uncollectible Accounts contained $15,000 (credit), what adjusting entry is needed to re±ect the analysis from part (a)? If the balance of Allowance for Uncollectible Accounts contained $15,000 (debit), what adjusting entry is needed to re±ect the analysis from part (a)?

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