Required information (The following information applies to the questions displayed below] Facial Cosmetics provides plastic surgery primarily to hide the appearance of unwanted scars and other blemishes. During 2021, the company provides services of $405.000 on account of this amount, $55.000 remains uncollected at the end of the year. An aging schedule as of December 31, 2021, is provided below Age Grep Not yet du 0-30 days past due 31-40 days peat de More than 40 days past due Total $35,000 10,500 Journal entry worksheet 7,500 3.999 Percent collectible 41 129 304 On April 3, 2022, a customer's account balance of $450 is written off as uncollectible. Record the write-of or a particular transaction/event, select "No Journal Entry Required in the first account field) entry is required
Required information (The following information applies to the questions displayed below] Facial Cosmetics provides plastic surgery primarily to hide the appearance of unwanted scars and other blemishes. During 2021, the company provides services of $405.000 on account of this amount, $55.000 remains uncollected at the end of the year. An aging schedule as of December 31, 2021, is provided below Age Grep Not yet du 0-30 days past due 31-40 days peat de More than 40 days past due Total $35,000 10,500 Journal entry worksheet 7,500 3.999 Percent collectible 41 129 304 On April 3, 2022, a customer's account balance of $450 is written off as uncollectible. Record the write-of or a particular transaction/event, select "No Journal Entry Required in the first account field) entry is required
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Please help me
![Required information
[The following information applies to the questions displayed below]
Facial Cosmetics provides plastic surgery primarily to hide the appearance of unwanted scars and other blemishes. During
2021, the company provides services of $405,000 on account of this amount, $55.000 remains uncollected at the end of
the year. An aging schedule as of December 31, 2021, is provided below
Age Group
Not yet due
0-30 days past due
31-40 days past doe
More than 60 days past due
Total
Amount
Receivable
$35,000
10,500
7,500
2.000
$35,000
Journal entry worksheet
Eatinated
Percent
Uscollectible
41
61
120
30%
3. On April 3, 2022, a customer's account balance of $450 is written off as uncollectible. Record the write-off (f no entry is required
for a particular transaction/event, select "No Journal Entry Required" in the first account field.)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fcb78f270-b29f-4df2-98c8-b80bb2ba3130%2F4d8f2548-559e-4d53-aab4-0acabab702c3%2Fq51o3om_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Required information
[The following information applies to the questions displayed below]
Facial Cosmetics provides plastic surgery primarily to hide the appearance of unwanted scars and other blemishes. During
2021, the company provides services of $405,000 on account of this amount, $55.000 remains uncollected at the end of
the year. An aging schedule as of December 31, 2021, is provided below
Age Group
Not yet due
0-30 days past due
31-40 days past doe
More than 60 days past due
Total
Amount
Receivable
$35,000
10,500
7,500
2.000
$35,000
Journal entry worksheet
Eatinated
Percent
Uscollectible
41
61
120
30%
3. On April 3, 2022, a customer's account balance of $450 is written off as uncollectible. Record the write-off (f no entry is required
for a particular transaction/event, select "No Journal Entry Required" in the first account field.)
Transcribed Image Text:3. On April 3, 2022, a customer's account balance of $450 is written off as uncollectible. Record the write-off. Of no entry is required
for a particular transaction/event, select "No Journal Entry Required" in the first account field.)
View transaction list
Journal entry worksheet
Record write off of actual bad debts.
Note: Enter debit before credits
Dute
Apr 03, 2022
General Journal
Allowance for Uncollectible Accounts
Accounts Receivable
-
Dubi
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