Voight company's account balances at december 31 for accounts receivable and allowance for doubtful accounts were $1,400,000 and $70,000 (cr.), respectively. an aging of accounts receivable indicated that $128,000 are expected to become uncollectible. the amount of the adjusting entry for bad debts at december 31 is

The adjusting entry for bad debts at December 31 would be equal to $58,000. The reason for this is because Voight company already had an allowance for doubtful accounts of $70,000, but the actual amount that was uncollectible was $128,000, which is $58,000 more than the anticipated amount. This is why the adjusting entry would be equal to $58,000.