Exercise 8 06 a-b BACK Sheridan Company has accounts receivable of $100,400 at March 31, 2022. Credit terms are 2/10, n/30. At March 31, 2022, there is a $2.262 crede balance in Allowance for Dourful Accounts prior to abutment. The pay the percentage-of-receivables basis for estimating uncollectible accounts. The company's estimates of bad debts are as shown below. Age of Accounts Current 1-30 days past due 31-90 days past due Over 90 days past due Balance, March 31 Estimated Percentage 2022 2021 Uncollectible $50,500 $77,290 13.100 8,230 2% 9,800 2,430 8,000 1,190 50 $100,400 $89.140 Datermine the total estimated uncollectibles at March 31, 2022. Total estimated uncollectibles SHOW LIST OF ACCOUNTS Prepare the adjusting entry at March 31, 2022, to record bad debt expense. (Credit account titles are automatically indented when ammunt is stored. Do not indent) Debit Account Titles and Explanation Crede RCES Over 90 days past due 1,000 190 50 $100,400 $89,140 Determine the total estimated uncollectibles at March 31, 2022. Total estimated uncollectibles tudy SHOW LIST OF ACCOUNTS CALCULATOR LLSCHEN Prepare the adjusting entry at March 31, 2022, to record bad debt expense. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Account titles and Explanation Debit Credit Click if you would like to Show Work for this question: Qon Show Work