Net Zero Products, a wholesaler of sustainable raw materials. Prepared the following aging of receivables analysis. Total $115,200 Accounts receivable Percent uncollectible 0 $80,000 14 Days Past Due 1 to 30 31 to 60 61 to 90 Over 90 $18,000 $7,200 $4,000 $6,000 39 54 84 114 o 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 $1,000 credit 1 Complete this question by entering your answers in the tabs below. nces Req1 Reg 2 Estimate the balance of the Allowance for Doubtful Accounts using the aging of accounts receivable method Accounts Porcent recevable uncollectible (%) Not due X 1 to 30 31 to 60 61 to 90 X Over 90: Estimated balance of allowance for uncollectibles $ X x X .:: Miny: Prepare the adjusting entry to record bad debts expense assuming the unadjusted balance in the Allowance for Doubtful Accounts is $1,000 credit View transaction list ad Journal entry worksheet ok