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Following is a list of credit customers along with their amounts owed and the days past due at December 31 Also shown are five classifications

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Following is a list of credit customers along with their amounts owed and the days past due at December 31 Also shown are five classifications of accounts receivable and estimated bad debts percent for each class. Day Past Due 1 to 30 31 to 6061 to 90 Percent uncollectible 40 98 0 28 Over 90 138 Customer Lannister Company Mike Properties Ted Reeves Jen Steffens Accounts Receivable 5 5.900 2.900 6.900 1,600 3.900 Days Pant Due 15 o 110 75 1. Create an aging of accounts receivable schedule of accounts receivable by age similar to the table given above. Calculate the estimated balance for the Allowance for Doubtful Accounts. 2. Assuming an unadjusted credit balance of $290, record the required adjustment to the Allowance for Doubtful Accounts, Complete this question by entering your answers in the tabs below. Required 1 Required 2 Create an aging of accounts receivable schedule of accounts receivable by age similar to the table given above. Calculate the estimated balance for the Allowance for Doubtful Accounts. Estimated balance for Allowance for Doubtful Accounts

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