I need help with an explanation on how they came to their answers. All the questions highlighted in bold are the correct answers. I was only able to figure out the first question but need help on how they got the rest of the answers. Thank you!

Kims Grill and Pub must estimate bad debt for the current period. It splits its receivables into three categories:

030 days past due at 3%,

3190 days past due at 9%,

and over 90 days past due at 25%.

Its accounts receivable aging schedule is as follows:

Receivable Category Accounts Receivable Balance

0-30 days $145,000

31-90 days $200,000

Over 90 days $86,000

The beginning allowance for doubtful account balance is $16,000. The accounts receivable balance is $431,000. Given this information, answer the questions below.

What is the estimated amount uncollectible for accounts aged 31-90 days?

200,000 * 0.09 = 18,000

a. $200,000 b. $6,000 c. $86,000 (d. $18,000 Correct Answer)

What is the debit for the bad debt expense adjusting journal entry for Kims Grill and Pub?

a. $18,000 b. $16,000 (c. $27,850 Correct Answer) d. $86,000

What is the net realizable value of accounts receivable?

a. $431,000 (b. $387,150 Correct Answer) c. $403,150 d. $447,000