About Maurice Tutor

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:

Algebra,Applied Sciences See all

Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all

Teaching Since:	May 2017
Last Sign in:	402 Weeks Ago, 5 Days Ago
Questions Answered:	66690
Tutorials Posted:	66688

Education

MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011

Experience

Professor
Phoniex University
Oct-2001 - Nov-2016

Category > Accounting Posted 18 Aug 2017 My Price 12.00

Halleran Company

Problem 8-3A (Part Level Submission)

Presented below is an aging schedule for Halleran Company.

			Number of Days Past Due
Customer	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.

Image for Problem 8-3A (Part Level Submission) Presented below is an aging schedule for Halleran Company. (a)Journalize Collapse question part

(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.)

Answers

Maurice Tutor

(5)

Status NEW Posted 18 Aug 2017 05:08 PM My Price 12.00

Hel-----------lo -----------Sir-----------/Ma-----------dam-----------Tha-----------nk -----------You----------- fo-----------r u-----------sin-----------g o-----------ur -----------web-----------sit-----------e a-----------nd -----------and----------- ac-----------qui-----------sit-----------ion----------- of----------- my----------- po-----------ste-----------d s-----------olu-----------tio-----------n.P-----------lea-----------se -----------pin-----------g m-----------e o-----------n c-----------hat----------- I -----------am -----------onl-----------ine----------- or----------- in-----------box----------- me----------- a -----------mes-----------sag-----------e I----------- wi-----------ll

Not Rated(0)

Buy Answer

Hire Dedicated Virtual Team / Business Solution for SMEs.