lerry's Accounting Firm" had the following information in regard to the aging schedule to estimate the uncollectible accounts receivable at year end. Over 120 91-120 S10,000$30,000$20,000 11% 61-90 31-60 0-30 Total Accounts $240,000 $130,00050,000 Receivable 30% 7% 5% 3% Uncollectible Estimated Bad Debt a) Calculate the total estimated bad debt based on the above information b)Prepare the year end adjusting entry to record the bad debt expense using the allowance method assuming that there is a credit balance in the allowance account for doubtful accounts of $3300. c)Of the above transactions $20.000 is determined to be specifically uncollectible. Prepare the joumal entry to write-off the uncollectible accounts. d)The company subsequently collects $14,000 on specific account that had previously determined to be uncollectible. Prepare the journal entry necessary to restore the account and record the cash collection. e)What advice would you give to this company regarding the amount of their bad debt