Exercise 8-5 Wildhorse Co. has accounts receivable of $92,000at March 31, 2017. Credit terms are2/10, n/30. At March 31, 2017, there is a $2,230credit balance in Allowance for Doubtful Accounts prior to adjustment. The company uses the percentage-of-receivables basis for estimating uncollectible accounts. The companys estimates of bad debts are as shown below.

Balance, March 31	Estimated Percentage Uncollectible
Age of Accounts	2017	2016
Current	$61,600	$78,910	2	%
130 days past due	14,100	7,420	5
3190 days past due	9,500	2,280	31
Over 90 days past due	6,800	1,200	52
$92,000	$89,810

Determine the total estimated uncollectibles.

The total estimated uncollectibles

$

SHOW LIST OF ACCOUNTS

Prepare the adjusting entry at March 31, 2017, 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

* see the attached