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Please help and thank you! Checklist A partially competed aging of receivables schedule for Lindy Designs' is shown below. Calculate the amount that is estimated

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A partially competed aging of receivables schedule for Lindy Designs' is shown below. Calculate the amount that is estimated to be uncollectible. a. Determine the amount estimated to be uncollectible by completing the aging of receivables schedule. Round calculations to the nearest dollar Est. Uncollectible Accts Age Interval: Balance: Percentage: Amount: 550,000 2.50% 4.0096 9. 50% Not past due 1o 30 days past due: 31 60 days past due 61 90 days past due: 91 180 days past due: 181 365 days past due: Over 365 days past due: Total 96,500 43,750 (- ) 22,250 16.00% ( ) 5,600 31.00% 3,100 60.00% 1,250 95.00% 722,450 b. If the Allowance for Doubtful Accounts has a credit balance of s9,700, record the adjusting entry for the bad debt expense for the year Dec. 31 c. If the Allowance for Doubtful Accounts has a debit balance of $9,700, record the adjusting entry for the bad debt expense for the year Dec. 31

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