2. Erickson Company had a $300 credit balance in Allowance for Doubtful Accounts at December 31, 2017, before the current years provision for uncollectible accounts An aging of the accounts receivable revealed the following: Estimated Percentage Current Accounts 1-30 days past due 31-60 days past due 61-90 days past due Over 90 days past due Total Accounts Receivable $170,000 15,000 2,000 5,000 3% 6% 15% 30% S21.000 Instructions (a) Prepare the adjusting entry on December 31, 2017, to recognize bad debts expense (b) Assume the same facts as above except that the Allowance for Doubtful Accounts account had a $300 debit balance before the current year's provision for uncollectble accounts. Prepare the adjusting entry for the current year's provision for uncollectible accounts