following aging schedule for Accounts Receivable:

$($Click the icon to view the aging schedule.$)$

Read the requirements.

Requirement $1.$ Based on the aging of Accounts Receivable, is the unadjusted balance of the allowance account adequate? Too high? Too low?

First, calculate a revised allowance for uncollectible accounts amount and the adjusting entry amount. $($Round to the nearest dollar.$)$

Allowance for Uncollectible Accounts:

$\backslash$table$[[$Credit balance needed,$],[1-30,],[31-60,],[61-90,],[$Subtotal$,],[$Less: Unadjusted balance $90,],[$Adjusting entry amount,$],[,]]$

Data table

$\backslash$table$[[,$Age of Accounts$],[$Total Balance,$1-30$ Days,$31-60$ Days,$61-90$ Days,Over $90$ Days$],[$$$380,000,$$$150,000,$$$110,000,$$$80,000,$$$40,000$