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2 TB Problem 8-212 (Algo) Twilight Company uses the aging of accounts... 15 DO 0042.52 Twilight Company uses the aging of accounts receivable method to

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2 TB Problem 8-212 (Algo) Twilight Company uses the aging of accounts... 15 DO 0042.52 Twilight Company uses the aging of accounts receivable method to estimate Bad Debt Expense. The balance of each account receivable is aged on the basis of three categories as follows (1 110 30 days old. (2) 31 to 90 days old, and more than 90 days old Based on experience, management has estimated what portion of receivables of a specific age will not be paid as follows (1 146.2 18% and (3) 31%, respectively At December 31, 2022, the unadjusted credit balance in the Allowance for Doubtful Accounts was $160. The total Accounts Receivable in each age category wete: (1 to 30 days old. 574,000,00) 31 to 90 days old. $16.000, and (3) more than 90 days old $5.000, Required: Calculate the estimate of uncollectible accounts at December 31, 2022 b. Prepare the appropriate adjusting entry dated December 31, 2022 Complete this question by entering your answers in the tabs below. Recured Calculate the estimate of uncollectible accounts at December 31, 2012 Tadeo Required 2 Recured Required Prepare the appropriate adjusting entry dated December 31, 2022. (It no entry is required for a transaction/event, select "No Journal Entry Required in the first account lield.) 15 point View transaction 800427 Journal entry worksheet Record the adjusting entry on December 31, 2022 bereits Account Det Dan December 2022 Record any Clear any View general journal

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