Net Zero Products, a wholesaler of sustainable raw materials. Prepared the following agino v ables analysis. Days Past Due Accounts receivable Percent uncollectible Total $174,500 $97,000 1 to 30 $35,000 31 to 60 61 to 90 $15,500 $12.500 66 Over 90 $14,500 24 OL 1. Estimate the balance of the Allowance for Doubtful Accounts using the aging of accounts receivable method. 2. Prepare the adjusting entry to record bad debts expense assuming the unadjusted balance in the Allowance for Doubtful Accounts is a $2,700 credit. Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Estimate the balance of the Allowance for Doubtful Accounts using the aging of accounts receivable method. Accounts Percent recolvable uncollectible %) Not due: 1 to 30: 31 to 60: x 61 to 90: T X Over 90: x Estimated balance of allowance for uncollectibles - Reg 2 > - ACCTI X Chapter Quick Study News wcorrectmeducation.com low conectoren 9 Quick Study AS2PX2Fconnect theducation.com/ paws.Findexhtm.23.Fregistrations Complete this question by entering your answers in the tabs below Regi Prepare the adjusting entry to record bad debts expense assuming the nated balance in the Allowance for Doubtful Accounts $2,700 credit. View transactions Journal entry worksheet Record estimated bad debts assuming that Allowance for Doubtful Accounts has a $2,700 credit balance Note Enter debts before credits Ceneral Journal Debit Credit Record entry Clear entry View general Journal