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Pharoah Company has accounts receivable of $92,600 at March 31, 2022. Credit terms are 2/10,n/30. At March 31, 2022, there is a $2,154 credit balance

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Pharoah Company has accounts receivable of $92,600 at March 31, 2022. Credit terms are 2/10,n/30. At March 31, 2022, there is a $2,154 credit balance in Allowance for Doubtful Accounts prior to adjustment. The company uses the percentage-of-receivables basi for estimating uncollectible accounts. The company's estimates of uncollectibles are as shown below. Determine the total estimated uncollectibles at March 31, 2022. The total estimated uncollectibles eTextbook and Media List of Accounts Attempts: 2 of 3 use (b) Prepare the adjusting entry at March 31, 2022, to record bad debt expense. (Credit account titles are outomatically indented when amount is entered, Do not indent manually. If no entry is required, select "No Entry" for the account tities and enter O for the amounts.)

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