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Net Zero Products, a wholesaler of sustainable raw materials, prepares the following aging of receivables analysis Accounts receivable Percent uncollectible Total 1 6 4 ,

Net Zero Products, a wholesaler of sustainable raw materials, prepares the following aging of receivables analysis Accounts receivable Percent uncollectible Total 164,000 Days Past Due 31 to 6014,0005%1 to 30 $ 32,0003% $94,0001%61 to 9011,0008% Over 9013,00011%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 $2,400 credit . Complete this question by entering your answers in the tabs below.

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