Net Zero Products, a wholesaler of sustainable raw materials. Prepared the following aging of receivables analysis, Days Past Due Accounts receivable Percent uncollectible Total $125,500 $83,000 1x 1 to 30 $21,000 2x B1 to 60 61 to 90 $ 3,500 $ 5,500 49 6% Over 90 $7,500 103 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 unachjusted balance in the Allowance for Doubtful Account is a $1.300 credit Complete this question by entering your answers in the tabs below. Regi Reqz Estimate the balance of the Allowance for Doubtful Accounts using the aging of accounts receivable method. Accounts Percent receivable uncollectible (%) Not du X 1 to 30 31 100 011000 Over med bacol allowance for uncoblos Req 1 Req 2 Prepare the adjusting entry to record bad debts expense assuming the unadjusted balance in the Allowance $1,300 credit. View transaction list Journal entry worksheet