A summary of London Fashion's December 31, 2013, accounts receivable aging schedule is presented below along with the estimated percent uncollectible for each age group: The allowance for uncollectible accounts had a balance of $1,600 at January 1, 2013. During the year bad debts of $1,150 were written off.
Required:
Prepare all 2013 journal entries with respect to bad debts and the allowance for uncollectible accounts.

Question

A summary of London Fashion's December 31, 2013, accounts receivable aging schedule is presented below along with the estimated percent uncollectible for each age group:  The allowance for uncollectible accounts had a balance of $1,600 at January 1, 2013. During the year bad debts of $1,150 were written off.
Required:
Prepare all 2013 journal entries with respect to bad debts and the allowance for uncollectible accounts.

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The Answer of A summary of London Fashion's December 31, 2013, accounts receivable aging schedule is presented below along with the estimated percent uncollectible for each age group:  The allowance for uncollectible accounts had a balance of $1,600 at January 1, 2013. During the year bad debts of $1,150 were written off.
Required:
Prepare all 2013 journal entries with respect to bad debts and the allowance for uncollectible accounts.

A Summary of London Fashion's December 31, 2013, Accounts Receivable