2% 1. A company uses balance sheet approach. The following aging schedule is prepared. Before adjustment, the allowance for doubtful accounts has a debit balance of $1,000. Age group Amount Probability of becoming uncollectible Not due yet $11,000 130 days past due 2,500 31-60 days past due 2,400 10% 61-90 days past due 600 2 5 Over 90 days past due 3,500 5% olo c The adjusting entry, at the end of the period, will include: * (3 Points) O Debit to allowance for doubtful accounts for $2,310 Credit to allowance for doubtful accounts for $1,310 Debit to uncollectible accounts expense for $2,310 Credit to allowance for doubtful accounts for $3,310