## (Solution Download) Problem 8-3A (Part Level Submission) Presented below is an aging schedule for Halleran Company. Numb

Problem 8-3A (Part Level Submission)

Presented below is an aging schedule for Halleran Company.

  Customer Number of Days Past Due Total Not Yet Due 1Ac??o30 31Ac??o60 61Ac??o90 Over 90 Anders \$ 24,200 \$11,900 \$12,300 Blake 41,100 \$ 41,100 Coulson 57,800 16,000 6,900 \$34,900 Deleon 33,100 \$33,100 Others 131,700 95,200 16,500 13,900 6,100 \$287,900 \$152,300 \$35,300 \$26,200 \$34,900 \$39,200 Estimated Percentage Uncollectible 2% 6% 14% 27% 43% Total Estimated Bad Debts \$ 35,111 \$ 3,046 \$ 2,118 \$ 3,668 \$ 9,423 \$16,856

At December 31, 2015, the unadjusted balance in Allowance for

Doubtful Accounts is a credit of \$12,190.

(a)

Journalize and post the adjusting entry for bad debts at December

31, 2015. (Credit account titles are automatically

indented when amount is entered. Do not indent

manually.)

 Date Account Titles and Explanation Debit Credit Dec. 31

 Bad Debts Expense Date Explanation Ref Debit Credit Balance Dec. 31 Adjusting Allowance for Doubtful Accounts Date Explanation Ref Debit Credit Balance Dec. 31 Balance Dec. 31 Adjusting

Show transcribed image text Problem 8-3A (Part Level Submission) Presented below is an aging schedule for Halleran Company. (a)Journalize and post the adjusting entry for bad debts at December 31, 2015. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

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