H55 Ltd. has an Accounts Receivable amount of $373,100 and an unadjusted credit balance in Allowance for Doubtful Accounts of $8,300 at March 31. The company's accounts receivable and percentage estimates of its uncollectible accounts are as follows: Number of Days Accounts Estimated Percentage Outstanding Receivable Uncollectible 0-30 $265,000 2% 31-60 48,500 10% 61-90 35,500 30% Over 90 24,100 50% Total $373,100 (a) Your answer is correct. $ Prepare an aging schedule to determine the total estimated uncollectibles at March 31. Age of Accounts Amount % Estimated Uncollectible $ 0-30 days $265,000 2% 5300 31-60 days 48,500 10% 61-90 days 35,500 30% 10650 Over 90 days 24,100 50% 4850 12050 $ 32850 e Textbook and Media List of Accounts Attempts: 1 of 3 used (b) Prepare the adjusting entry at March 31 to record bad debts expense. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit Mar 31 eTextbook and Media List of Accounts Save for Later Attempts: 0 of 3 used Submit