calculate and show all working out

2. Calculate the estimated uncollectible account receivables based on the partial aging schedule below (3 pts) and journalize the adjusting entry to record bad debts on Dec 31, assuming the Allowance for Doubtful Accounts has a $8,115 debit unadjusted balance (4 pts). Estimated Uncollectibles Accounts Receivable Age (months) Estimate of percent uncollectible $180,000 Less than 1 5% $9,000 15% $13,500 $90,000 1-3 25% $9,750 $39,000 3-6 $7,800 65% $12,000 6-9 $2,025 9-12 90% $2.250 075 The Allowance for Doubtful Account has a $18,700 credit balance prior to adjustment (unadjusted balance). Net credit sales during the year are $1,600,000 and 3/4 of 8% are estimated to be uncollectible. Accounts Receivable has a balance of $775,700 at the ending of the year. Show the allowance account with the unadjusted balance, adjusting entry and adjusted balance (3 pts); and, calculate the amount of the account receivables that the business expects/estimates will be collectible (2 pts). (5 pts)