Crane Company has accounts receivable of $98,600 at March 31, 2022. Credit terms are 2/10, n/30. At March 31, 2022, there is a $2,227 credit balance in Allowance for Doubtful Accounts prior to adjustment. The company uses the percentage-of-receivables basis for estimating uncollectible accounts. The company's estimates of bad debts are as shown below. Age of Accounts Current 1-30 days past due 31-90 days past due Over 90 days past due Balance, March 31 2022 $68,400 List of Accounts eTextbook and Media 13,700 9,700 6,800 Total estimated uncollectibles $ 2021 $69.990 7,880 $98,600 $81,370 Account Titles and Explanation 2,400 1.100 Determine the total estimated uncollectibles at March 31, 2022. Estimated Percentage Uncollectible 2 % 5 28 49 Prepare the adjusting entry at March 31, 2022, to record bad debt expense. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Debit Credit

Crane Company has accounts receivable of $98,600 at March 31, 2022. Credit terms are 2/10, n/30 At March 31, 2022, there is a $2,227 credit balance in Allowance for Doubtful Accounts prior to adjustment. The company uses the percents 5 e-of-receivables basis for estimating uncollectible accounts. The company's estimates of bad debts are as shown below: Determine the total estimated uncollectibles at March 31,2022. Total estimated uncollectibles s Prepare the adjusting entry at March 31, 2022, to record bad debt expense. (Credit account titles are automotically indented when amount is entered. Do not indent manually.)