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11.11 2 Net Zero Products, a wholesaler of sustainable raw materials, prepares the following aging of receivables analysis. Accounts receivable Percent uncollectible Total $164,000 0

11.11 2 Net Zero Products, a wholesaler of sustainable raw materials, prepares the following aging of receivables analysis. Accounts receivable Percent uncollectible Total $164,000 0 $94,000 1 to 30 $32,000 Days Past Due 31 to 60 $14,000 61 to 90 $ 11,000 Over 90 $13,000 IN 36 51 116 04:20:15 1. Estimate the balance of the Allowance for Doubtful Accounts using the aging of accounts receivable method. 2. Prepare the adjusting entry to record bad debts expense assuming the unadjusted balance in the Allowance for Doubtful Accounts is a $2,400 credit. Complete this question by entering your answers in the tabs below. Book 14 10 Hint Required 11 Required 2 Estimate the balance of the Allowance for Doutal Accounts using the aging of accounts receivable method. Accounts receivable Percent uncollectible (%) Estimated Uncollectible Print Not due 1 to 30 References 31 to 00 61 to 90 Over 90 Estimated balance of allowance for uncollectibles Required 2 >

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