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pade Agency separates its accounts receivable into three age groups for purposes of estimating the percentage of uncollectik ccounts. In addition, the balance of Allowance

image text in transcribed pade Agency separates its accounts receivable into three age groups for purposes of estimating the percentage of uncollectik ccounts. In addition, the balance of Allowance for Uncollectible Accounts before adjustment is $1,000 (credit). 1. Accounts not yet due =$25,000; estimated uncollectible =4%. Accounts 1 to 60 days past due =$10,000; estimated uncollectible =25%. Accounts more than 60 days past due =$5,000; estimated uncollectible =50%. equired: - Compute the total estimated uncollectible accounts. Record the year-end adjusting entry for estimated uncollectible accounts. Complete this question by entering your answers in the tabs below. Compute the total estimated uncollectible accounts

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