Current Attempt in Progress An aging analysis of Pharoah Company's accounts receivable at December 31, 2023 and 2024, showed the following: December 31 Number of Days Estimated % Outstanding Uncollectible 2024 2023 0-30 days 3% $126,000 $155,000 31-60 days 7% 31,500 77,500 61-90 days 13% 63,000 46,500 Over 90 days 40% 94,500 31,000 Total $315,000 $310,000 Additional information: 1. 2. At December 31, 2023, the unadjusted balance in Allowance for Doubtful Accounts was a credit of $6,200. In 2024, $26,700 of accounts was written off as uncollectible and $2,700 of accounts previously written off was collected. (a) Your Answer Correct Answer Your Answer Correct Answer Your answer is correct. Prepare an aging schedule to calculate the estimated uncollectible accounts at December 31, 2023, and at December 31, 2024 2023 Number of Days Outstanding Estimated Uncollectible Amount % 0-30 days $155,000 3% 4650 31-60 days 77,500 7% 5425 61-90 days 46,500 13% 6045 Over 90 days 31,000 40% 12400 Total $310,000 28520 2024 Number of Days Outstanding 0-30 days Estimated Uncollectible Amount $126,000 31-60 days 31,500 61-90 days 63,000 13% * * * $ 3780 7% 2205 8190 Over 90 days 94,500 40% 37800 Total $315,000 eTextbook and Media 51975 Record the following: 1 The adjusting entry on December 31, 2023. 2 The write-off of uncollectible accounts in 2024. 3. The collection in 2024 of accounts previously written off. 4. The adjusting entry on December 31, 2024. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries.) No. Account Titles 1. 2 3. (To reverse write off.) 4. (To record collection of previously written-off accounts.) Debit Credit