Exercise 8-6 (Part Level Submission) Pharoah Company has accounts receivable of $92,600 at March 31, 2019. Credit terms are 2/10, y30. At March 31, 2019, there is a $2,154 credit balance in Allowance for Doubtful Accounts prior to adjustment. The company uses the percentage-of reccivables basis for estimating uncol lectible accounts. The company's estimates of bad debts are as shown below. 2019 2018 Uncollectible Current 1-30 days past due $60,500 $77,250 14,000 7,550 31-90 days past due 10,100 2,370 Over 90 days past due 8,000 1.170 $92,600 $88,340 2% 28 52 Your answer is correct. Determine the total estimated uncollectibles The total estimated uncollectibles Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS SHOW SOLUTION LINK TO TEXT Attempts: 1 of 3 used Your answer is partially correct. Try again. Prepare the adjusting entry at March 31, 2019, 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 Bad Debt Expense 88340 Allowance for Doubtful Accounts 88340 Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS LINK TO TEXT Attempts: 2 of 3 used