30% Estimated Credit Sales 2096 1096 Percent Uncollectible by Accounts 09 Credit Sales 196 Not yet due 1 30 days past due 31-60 days 61-90 days Over 90 days past due past due past due Accounts Receivable 546 + ableau ole 1. Estimate the balance of the Allowance for Doubtful Accounts using aging of accounts receivable, 2. Make the adjusting entry to record Bad Debts Expense assuming the unadjusted balance in the Allowance for Doubtful Accounts is a $5,000 credit and use of the aging of accounts receivables method 3. Make the adjusting entry to record Bad Debts Expense assuming the unadjusted balance in the Allowance for Doubtful Accounts is an $8,000 debit and use of the aging of accounts receivables method. 4. Based on further analysis, assume we find that the percentages in the graphic "Percent Uncollectible by Age" are too high. When alerting the manager, she responds that this is intentional. What are the income statement impacts from the overstated percentages? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Estimate the balance of the Allowance for Doubtful Accounts using aging of accounts receivable. Accounts receivable Parcon uncollectible (6) Not yet due 30% Estimated Credit Sales 2096 1096 Percent Uncollectible by Accounts 09 Credit Sales 196 Not yet due 1 30 days past due 31-60 days 61-90 days Over 90 days past due past due past due Accounts Receivable 546 + ableau ole 1. Estimate the balance of the Allowance for Doubtful Accounts using aging of accounts receivable, 2. Make the adjusting entry to record Bad Debts Expense assuming the unadjusted balance in the Allowance for Doubtful Accounts is a $5,000 credit and use of the aging of accounts receivables method 3. Make the adjusting entry to record Bad Debts Expense assuming the unadjusted balance in the Allowance for Doubtful Accounts is an $8,000 debit and use of the aging of accounts receivables method. 4. Based on further analysis, assume we find that the percentages in the graphic "Percent Uncollectible by Age" are too high. When alerting the manager, she responds that this is intentional. What are the income statement impacts from the overstated percentages? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Estimate the balance of the Allowance for Doubtful Accounts using aging of accounts receivable. Accounts receivable Parcon uncollectible (6) Not yet due