Elizabeth. Com uses the allowance method of accounting for bad debts. The company produced the following aging of the accounts receivable at year-end.

Calculate the total estimated bad debts based on the below information. Number of Days Outstanding Calculate the total estimated bad debts based on the below information. Of the above accounts, $4,600 is determined to be specifically uncollectible. Prepare the journal entry to write off the uncollectible account. (List debit entry before credit entry. If no entry is required, select "No Entry" for the account titles and enter 0 fo the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Prepare the year-end adjusting journal entry to record the bad debts using the aged uncollectible accounts receivable determined above. Assume the unadjusted balance in Allowance for Doubtful Accounts is a $4,300 debit. (List debit entry before credit entry. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)