0.13 as a fraction in simplest form

The September 30, 2019, records of Media Communications include these accounts: (Click the icon to view the September 30, 2019 account balances.) During the year, Media Communications estimates Uncollectible-account expense at 1% of credit sales. At year-end (December 31), the company ages its receivables and adjusts the balance in the Allowance for Uncollectible Accounts to correspond to the following aging schedule. (Click the icon to view the Accounts Receivable balance and aging schedule to be used at December 31, 2019.) During the last quarter of 2019, the company completed the following selected transactions: a (Click the icon to view the selected transactions.) Read the requirements. Requirement 1. Record the transactions for the last quarter of 2019 in the journal. Explanations are not required. (Record debits first, then credits. Exclude explanations from any journal entries.) Wrote off as uncollectible the $1,600 account receivable from Shade Carpets and the $800 account receivable from Old Timer Antiques. * More Info Journal Entry Accounts Debit Credit Date Nov 30 Nov 30 Wrote off as uncollectible the $1,600 account receivable from Shade Carpets and the $800 account receivable from Old Timer Antiques. Adjusted the Allowance for Uncollectible Accounts and recorded uncollectible-account expense at year-end, based on the aging of receivables. Dec 31 Data Table A More Info - X one At September 30, 2019 Accounts Receivable....... .............$ ......... 250,000 (8,500) Allowance for Uncollectible Accounts... Accounts Receivable and aging schedule to be used at December 31, 2019 Age of Accounts Accounts Receivable 1-30 Days 31-60 Days 61-90 Days Over 90 Days $236,000 $ 132,000 $ 35,000 $ 12,000 $ 57,000 Estimated percent uncollectible 0.2% 2% 15% 35% Check Answer Print Done