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Journalize the adjusting entry for bad debts at december

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Problem

Presented below is an aging schedule for Bosworth Company.

Number of Days Past Due
Customer Total Not Yet Due 1-30 31-60 61-90 Over 90
Aneesh $31,000   $11,000 $20,000    
Bird 37,800 $37,800        
Cope 56,400 8,500 8,500   $39,400  
DeSpears 46,400         $46,400
Others 157,400 93,900 47,400 16,100    
  $329,000 $140,200 $66,900 $36,100 $39,400 $46,400
Estimated percentage uncollectible   4% 9% 15% 23% 65%
Total estimated bad debts $56,266 $5,608 $6,021 $5,415 $9,062 $30,160

At December 31, 2013, the unadjusted balance in Allowance for DoubTul Accounts is a credit of $6,800.Journalize the adjusting entry for bad debts at December 31, 2013.

Reference no: EM131794332

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