Fley.com was/ui/V2/assessment:player/index.htmilaunchid=9ba32e8-7450-4716-8386-591074bbc736/questiory3 Question 4 of 4 - 125 E View Policies Current Attempt in Progress Nash Publishers, uses the allowance method to estimate uncollectible accounts receivable. The company produced the following aging of the accounts receivable at year end in thousands Calculate the total estimated bad debts based on the below information N Total 0-30 31-60 Accounts receivable 181.000 70,000 40,000 % uncollectible 16 496 Estimated Bad debts V e Textbook and Media List of Accounts (b) c) Prepare the year-end adjusting journal entry to record the bad debts using the aged uncollectible accounts receivable determined in Assume the current balance in Allowance for Doubtful Accounts is a 17.500 debit. of the above accounts, M4,500 is determined to be specifically uncollectible. Prepare the journal entry to write off the uncollectible account. The company collects 4500 subsequently on a specific account that had previously been determined to be uncollectible inic), Praeth entsch.contentconhechoction lap wiley.comwasol/2/assessmeriter/index.html?launchld9a320 745d-4716-8386 Set074bbc734/question 3 Question 4 of 4 -/25 View Policies Current Attempt in Progress Nash Publishers, uses the allowance method to estimate uncollectible accounts receivable. The company produced the following aging of the accounts receivable at year end in thousands) Calculate the total estimated bad debts based on the below information Number of Days Outstanding 31-60 61-90 91-120 Over 120 35.000 40.000 21.000 $15.000 5% 886 20% 4X e Textbook and Media List of Accounts (b) Prepare the year end adjusting journal entry to record the bad debts using the aged uncollectible accounts receivable determined in (a) Assume the current balance in Allowance for Doubtful Accounts is a 17.500 debit lol c of the above accounts, 94,500 is determined to be specifically uncollectible. Prepare the journal entry to write off the uncollectible account. The company collects 4.500 subsequently on a specific account that had previously been determined to be incollectible Inc. d) wiley.com/was assessmenter/index.htmitaunchld9b3208-745d-4716-8386-59ef074bbc736/question/3 Question 4 of 4