JOURNAL ENTRIES FOR UNCOLLECTIBLE ACCOUNTS_ ALLOWANCE METHOD Blocker Company estimates its uncollectible accounts based on an analysis of receivables. On December 31, a junior accountant prepared the following aging schedule for the company's $88,000 in outstanding receivables Estimated Uncollectible Accounts mount Amount $58,650 296 $1,173 Not due.e 1-30 days past du.... 31-60 days past due 61-90 days past due Over 90 days past due 4% 529 8,930 20% 1,786 4,000 30% 1,200 13,220 -3.200 50% -1.600 $88,000 $6.288 Allowance for Doubtful Accounts currently has a $210 debit balance. 1. Prepare the adjusting entry to record the company's estimate of uncollectible accounts. esign 2. Prepare the journal entry to write off the following accounts: T. Donaldson.. J. Kyle D. Mize. 1,000 . 700 450 3. Prepare the journal entry to record receipt of the $450 owed by J. Kyle. 4. Write an answer to the following question: What circumstances would cause Allowance for Doubtful Accounts to have a debit balance prior to adjustment