Accounting: Aging of receivables; estimating allowance for doubtful accounts

Accounting: Aging of receivables; estimating allowance for doubtful accounts.

Help me study for my Accounting class. I’m stuck and don’t understand.

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You will complete this problem (9-2A) using the Excel templateabove. This template is designed by the publisher and has a special feature built into it that will tell you when you are wrong by putting a red (*) next to your number that is incorrect. If you review your work and try to fix these, you will have an opportunity to know that it is correct before submitting it because there will be no red (*) on the sheet. [26E = 14E, 27E = 15E]

Accounting: Aging of receivables; estimating allowance for doubtful accounts