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Homework answers / question archive / At December 31, 2018, the trial balance of Jordan Company contained the following accounts before adjustment Debit Credit Accounts Receivables $1,500,000 Allowance for Doubtful accounts $ 400 Sales Revenue 16,800,000 At December 31, 2018, a company's aging schedule to estimate uncollectable accounts receivable at year end

At December 31, 2018, the trial balance of Jordan Company contained the following accounts before adjustment Debit Credit Accounts Receivables $1,500,000 Allowance for Doubtful accounts $ 400 Sales Revenue 16,800,000 At December 31, 2018, a company's aging schedule to estimate uncollectable accounts receivable at year end

Accounting

At December 31, 2018, the trial balance of Jordan Company contained the following accounts before adjustment Debit Credit Accounts Receivables $1,500,000 Allowance for Doubtful accounts $ 400 Sales Revenue 16,800,000 At December 31, 2018, a company's aging schedule to estimate uncollectable accounts receivable at year end. 0-30 31-60 61-90 91-120 over 120 Accounts Receivables $1,250,000 $120,000 $30,000 $40,000 $60,000 Uncollectable % 1% 2% 5% 10% Estimated Bad Debts 8% Instructions Journalize the adjusting entry for bad debts at December 31.2018. 25,200 doubt 25,200

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