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Current Attempt in Progress Sweet Acacia Industries has accounts receivable of $ 97,200 at March 31, 2022 Credit terms are 2/10,30. At March 31, 2022

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Current Attempt in Progress Sweet Acacia Industries has accounts receivable of $ 97,200 at March 31, 2022 Credit terms are 2/10,30. At March 31, 2022 there is a $ 1.891 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 Uncollectible 2022 2021 Areot Accounts 2 Current $64.800 $79.610 5 13,800 7.710 1-30 days past due 2.480 30 10.500 31-90 days past due 50 B,100 1.170 Over 90 days past due $97,200 $ 90,970 Determine the total estimated uncollectibles at March 31 2022 9156 The total estimated uncollectibles e Textbook and Media List of Accounts Prepare the adjusting entry at March 31, 2022. to record bad debt opense Credit account titles are automatically indented when amount is entered. Do not indent mort Debit Credit Account Titles and Explanation e Textbook and Media List of Accounts Attempts: 0 of 3 used Submit Anwar Savieforte Last saved. days ago Saved work will be auto submitted on the due date Auto

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