1. Determine the total estimated uncollectibles.

2. Prepare the adjusting entry ag March 31,2020, to record bad debt expense.

Pina Company has accounts receivable of $115,900 at March 31, 2020. Credit terms are 2/10, n/30. At March 31, 2020, there is a $1,300 credit balance in Allowance for Doubtful Accounts prior to adjustment. The company uses the percentage-of-receivables basis for estimating uncollectible accounts. The company's estimate of bad debts is shown below. Estimated Balance, Percentage Uncollectible Age of Accounts March 31 2020 2019 $73,900 $75,000 24,200 8,000 Current 4% 6% 22% 51% ,1-30 days past due 31-90 days past due Over 90 days past due 9,400 2,400 8,400 1,100 $115,900 $86,500 Determine the total estimated uncollectibles Total estimated uncollectibles Prepare the adjusting entry at March 31, 2020, to record bad debt expense. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Mar. 31 Bad Debt Expense Allowance for Doubtful Accounts