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Cullumber Company has accounts receivable of $92,000 at March 31, 2022. Credit terms are 2/10, n/30. At March 31, 2022, there is a $1,949 credit

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Cullumber Company has accounts receivable of $92,000 at March 31, 2022. Credit terms are 2/10, n/30. At March 31, 2022, there is a $1,949 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. Balance, March 31 Estimated Percentage Age of Accounts Uncollectible 2022 2021 Current $61,400 $76,320 2% 1-30 days past due 13,800 8,280 31-90 days past due 9,900 2,170 28 Over 90 days past due 6,900 1,040 49 $92,000 $87,810 Determine the total estimated uncollectibles at March 31, 2022 Total estimated uncellectibles SHOW LIST OF ACCOUNTS UNK TO TEXT LINK TO VIDeo Prepare the adjusting entry st March 31,, 2022, to recerd bad debt expense. (Credit account titles are automaticaly indented when amount is entered Do not indent mamually ) Accsunt Ttles and Explanation Debit Credit MOW LEST er ACCOUNTS INE TO TEK Question Attempts.0 of 3 used susIY ANswe

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