B-Good, Inc. has accounts receivable at September 30 of $1,000,000. At September 30, Allowance for Doubtful Accounts has a credit balance (prior to adjustment) of S 2,250 The Company uses the percentage of receivables basis for estimating uncollectible accounts. An analysis of the accounts and the percentage of estimated bad debts are as follows: Month of Sale: September August July June Prior to June Age of Accounts 1 - 30 days 31 - 60 days 61 - 90 days 91-120 days over 120 days 9/30 Balance $650.000 150.000 120,000 50.000 30,000 $1,000,000 Estimated % Uncollectible 2.5% 6.0% 33.00 59.0% 90.0% Instructions: (a) Determine the total estimated uncollectibles. Aging Schedule Ready Instructions: (a) Determine the total estimated uncollectibles. Age of Accounts Cell Reference Cell Reference Cell Reference Cell Reference Cell Reference Balance Cell Reference Cell Reference Cell Reference Cell Reference Cell Reference % Cell Reference Cell Reference Cell Reference Cell Reference Cell Reference Total Estimated Uncollectible Formula Formula Formula Formula Formula Formula (6) Record the adjusting journal entry to estimate bad debts. Include an explanation of the entry, Debit Credit Sep 30 Account Title Formula Account Title Cell Reference Explanation Aging Schedule Ready Type here to search (b) Record the adjusting journal entry to estimate bad debts. Include an explanation of the entry. Debit Credit Sep 30 Account Title Formula Account Title Cell Reference Explanation 1$ 9640 (C) On 10/15, management authorizes the write off of an uncollectible customer account with a balance of Record this write off. Credit Debit Cell Reference Oct. 15 Account Title Account Title Cell Reference Aging Schedule Ready Type here to search OF BOW e9S