45. The following information pertains to Jacobsen Co.'s accounts receivable at December 31, 2015 Days Outstanding 0 - 30 31-60 61 - 120 Over 120 Amount $350,000 125.000 90,000 110,000 Estimated % Uncollectible 2% 5% 10% 20% In 2015 Jacobsen had credit sales of $10,000,000. During 2015, Jacobsen's December 31, 2015, allowance for uncollectible accounts was $40,000 before adjusting. Under the aging of receivables method, what amount of allowance for uncollectible accounts should Jacobsen report at December 31, 2015 after adjusting entry? A. $4,250 B. $40.000 C. $44,250 D. $35,750 46. In June of 2016 Memorex Inc. wrote off the accounts receivable for Jared Corp. for the amount of $8,600. Memorex uses the allowance method. What entry would Memorex make to record the write-off? A. Allowance for Doubtful Accounts 8,600 Accounts Receivable - Jared 8,600 8,600 8.600 B. Allowance for Doubtful Accounts Bad Debt Expense 8,600 8,600 C. Bad Debt Expense Allowance for Doubtful Accounts 8,600 8,600 D. Bad Debt Expense Accounts Receivable - Jared