Data table Total Balance $360,000 Estimated uncollectible Age of Accounts 1-30 Days 31-60 Days 61-90 Days Over 90 Days $140,000 $110,000 $70,000 $40,000 0.5% 5.0 % 8.0 % 60.0 % At December 31, 2021, before any year-end adjustments, the Accounts Receivable balance of Turf Trimmers, Inc., is $360,000. The Allowance for Uncollectible Accounts has a(n) $28,600 credit balance. Turf Trimmers prepares the following aging schedule for Accounts Receivable: (Click the icon to view the aging schedule.) Read the requirements. ... Requirement 1. Based on the aging of Accounts Receivable, is the unadjusted balance of the allowance account adequate? Too high? Too low? First, calculate a revised allowance for uncollectible accounts amount and the adjusting entry amount. (Round to the nearest dollar.) Allowance for Uncollectible Accounts: Credit balance needed 1-30 31-60 61-90 Over 90 Subtotal Less: Unadjusted balance Adjusting entry amount The credit balance at December 31 in Allowance for Uncollectible Accounts should be $ $ Thus, the current balance of the allowance account is Requirement 2. Make the entry required by the aging schedule. Prepare a T-account for the allowance. The current balance is First, make the entry required by the aging schedule. (Record debits first, then credits. Exclude explanations from any journal entries.) Date Dec 31 Journal Entry Accounts Now, prepare a T-account for the allowance. Allowance for Uncollectible Accounts Debit Credit her in the innut fields and then continue to the next question. Now, prepare a T-account for the allowance. Allowance for Uncollectible Accounts Requirement 3, Show how Turf Trimmers will report Accounts Receivable on its December 31 balance sheet. First show the single line presentation. Balance Sheet (Partial): Current assets: Now show the detail presentation. Balance Sheet (Partial): Choose from any list or enter any number in the input fields and then continue to the next question. Balance Sheet (Partial): Current assets: Now show the detail presentation. Balance Sheet (Partial): Less: 6