Part A Expected Percentage Estimated Days Account Outstanding* Amount Uncollectible* Uncollectible 0 - 30 days 35 1, 600 17, 5 80 31 - 60 days 122, 40 0 0. 10*$ 12, 240 61 - 90 days $:4, 000 91 - 120 days 60, 000 0. 30 $ 19, BOD Over 120 days 9. 500 0. 40 3. 840 633, 600 70, 260 Accounts receivable* $3 3, 60 0 LESS : Allowance for doubtful accounts* 70, 260 Accounts receivable ( net ) 503, 340 Estimated amount required in the Allowance for Doubtful Accounts ( credit balance ) $70, 260.00 Balance in the account after write - off of uncollectible* accounts but before adjustment ( debit balance*! Required charge to expense ( need to add due to debit balance* )Paisley Corporation operates in an industry that has a high rate of bad debt . The year-end balance reported in the balance sheet for the Allowance for Doubtful Accounts will be based on the aging schedule shown below :` Days Account Outstanding* Amount \\Probability of Not Collecting* Less than 30 days $35 1, 600 \\.05 Between 31 and 60 days | 122, 400 . 10 Between 61 and 90 days | 84,000 . 20 Between 91 and 120 days | 65, 000 . 30 Over 120 days $ 9. 600 . 40 Before year -End adjustments , Paisley's Allowance for Doubtful Accounts had a debit balance of $8, 000 . Use the