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Presented below is an aging schedule for Crane Company on December 31,2024 . Crane sells all of its goods on account with terms n/30. At

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Presented below is an aging schedule for Crane Company on December 31,2024 . Crane sells all of its goods on account with terms n/30. At December 31, 2024, the unadjusted balance in Allowance for Doubtful Accounts is a credit of $7,600. (a) Your answer is correct. Using the above aging schedule, determine the total estimated uncollectible accounts at December 31,2024. Total estimated uncollectible accounts $ Attempts: 1 or 2 used (b) Prepare the adjusting journal entry to record bad debt expense. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List debit entry before credit entry.)

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