Net Zero Products, a wholesaler of sustainable raw materials, prepares the following aging of receivables analysis. Days Past Due Total 1 to 30 31 to 60 61 to 90 Over 90 Accounts receivable $ 181,500 $ 99,000 $ 37,000 $ 16,500 $ 13,500 $ 15,500 Percent uncollectible 16 30 58 118 1. Estimate the balance of the Allowance for Doubtful Accounts using the aging of accounts recevable method. 2. Prepare the adjusting entry to record bad debts expense assuming the unadjusted balance in the Allowance for Doubtful Accounts is a $2,900 credit Complete this question by entering your answers in the tabs below. Required 1 Required 2 Estimate the balance of the Allowance for Doubtful Accounts using the aging of accounts receivable method Estimated Uncollectible Accounts Percent receivable uncollectible (%) Not due 1 to 30 31 to 60 61 to 90 Over 90 Estimated balance of allowance for uncollectibles $ Required 2 > repare the adjusting entry to record bad debts expense assuming the unadjusted balance in the Allowance for Doubtful Accounts =2,900 credit View transaction list Journal entry worksheet