On December 31 st, the following information is given based on an aging of accounts receivable. Th. anion ahhatula is ehroun halow 1. Calculate the estimated amount not to be collected for the 1-30 Days time period (1 point): Work Answer: 2. Calculate the estimated amount not to be collected for the 31-60 Days time period (1 point): 4. Calculate the estimated amount not to be collected for the Over 90 Days time period (1 point): Work: Answer: 5. The allowance for doubtful accounts has a $10 credit balance prior to any adjustments. Prepare the December 31 st adjusting journal entry needed to record bad debts using the balance sheet approach ( 2 points): 6. During 2019 , credit sales were $1,000. Bad debts are estimated to be 5% of credit sales. The allowance for doubtful accounts has a $10 credit balance prior to any adjustments. Prepare the December 31 st adjusting journal entry needed to record bad debts using the income statement approach ( 2 points)