Net Zero Products, a wholesaler of sustainable raw materials Prepared the following aging of receivables analysis. DAY tentu Tots $171,000 $96,000 1 to 30 s4,000 $15,000 $12,000 Accounts receivable Percent uncollectible $14,000 12 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 balonce in the Allowance for Doubtful Accounts is a $2,600 credit Complete this question by entering your answers in the tabs below. Reg! Reg 2 Estimate the balance of the Allowance for Doubtful Accounts using the aging of accounts receivable method. Ancounts Porcent recevable uncollectible 1941 Not due 1 to 30 31 to 60 B1 to 00 Over 90 Estimated balance of allowance for uncollectibles Reg? Net Zero Products, a wholesaler of sustainable raw materials. Prepared the following aging of receivables analysis. Mota $171,000 I to 30 $34,000 31 to 60 $15,000 $96,000 Accounts receivable Percent uncollectible 61 to 90 $12,000 95 Over 90 514,000 129 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 uradjusted balance in the Allowance for Doubtful Accounts is a $2.600 credit Complete this question by entering your answers in the tabs below. Req Reg 2 Prepare the adjusting entry to record bad debts expense assuming the unadjusted balance in the lowance for Doubtful Accounts is a $2,600 credit View transaction ist Journal entry worksheet 1 Record estimated bad debts assuming that Alowance for Doubtful Accounts has 3 52,600 credit balance