Number of Days Estimated Percentage Outstanding Accounts Receivable Uncollectible 0-30 days $260,000 2% 31-60 days 92,000 2% 61-90 days 46,000 10% Over 90 days 18,000 14% Total $416,000 The unadjusted balance in Allowance for Expected Credit Losses is a debit of $4,100. (a) Complete the aging schedule and calculate the total estimated uncollectible accounts from the above information. Number of Days Outstanding Estimated Percentage Estimated Uncollectible Accounts Receivable Uncollectible Accounts 0-30 days $260,000 5200 2% 31-60 days 92,000 1840 2% 61-90 days 46,000 10% 4600 Over 90 days 18,000 14% 2520 Total $416,000 $ 14160 (b) Prepare the adjusting journal entry to record the credit losses for the month using the information determined in part (a). (List debit entry before credit entry. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Account Titles and Explanation Debit Credit Would your journal entry be different if the unadjusted balance in Allowance for Expected Credit Losses were a credit of $4,100? the bad debts expense would be $ eTextbook and Media