Ivanhoe Company has accounts receivable of $97,500 at March 31, 2022. Credit terms are 2/10,n/30. At March 31, 2022, there is a $1,934 credit balance in Allowance for Doubtful Accounts prior to adjustment. The company uses the percentage-of-receivables basis for estimating uncollectible accounts. The company's estimates of bad debts are as shown below. Age of Accounts Current 1-30 days past due 31-90 days past due Over 90 days past due Balance, March 31 2022 2021 $68,600 $72,100 12,600 8,420 9,200 2,510 7.100 1.110 $97,500 $84,140 Estimated Percentage Uncollectible 2 96 5 31 46 Determine the total estimated uncollectibles at March 31, 2022 Total estimated uncollectibles $ Question 3 of 9 -/3 E View Policies Current Attempt in Progress On December 31, 2021, when its Allowance for Doubtful Accounts had a debit balance of $1.293, Pharoah Company estimates that 8% of its accounts receivable balance of $88,900 will become uncollectible and records the necessary adjustment to Allowance for Doubtful Accounts. On May 11, 2022, Pharoah Company determined that B. Jared's account was uncollectible and wrote off $1,166, On June 12, 2022, Jared paid the amount previously written off. Prepare the journal entries on December 31, 2021, May 11, 2022, and June 12, 2022. (Credit account titles are automatically indented when amount is entered Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit -73 II! View Policies Current Attempt in Progress On March 3, Kingbird, Inc. sells $685,700 of its receivables to Western Factors Inc Western Factors Inc.assesses a service charge of 5% of the amount of receivables sold. Prepare the entry on Kingbird, Inc books to record the sale of the receivables. (Credit account tites are automatically indented when amount is entered. Do not indent manually.) Date Account Tities and Explanation Debit Credit Mar. 3 Question 5 of 9 -13 View Policies Current Attempt in Progress On July 4, Crane's Restaurant accepts a Visa card for a $750 dinner bill. Visa charges a 2% service fee. Prepare the entry on Crane's books related to the transaction. (Credit account titles are automatically indented when amount is en Do not Indent manually.) Date Account Titles and Explanation Debit Credit July 4