Presented below is an aging schedule for Halleran Company. Not Yet Due Number of Days Past Due Over 1-30 31-60 61-90 90 $10,700 $11,200 Customer Anders Blake Coulson Deleon Others Total $ 21,900 38,800 58,300 34,300 132,500 $285,800 $ 38,800 15,700 6,700 $35,900 96,400 $150,900 15,700 $33,100 14,600 $25,800 $34,300 5,800 $40,100 $35,900 3% 5% 12% 26% 53% Estimated Percentage Uncollectible Total Estimated Bad Debts $39.865 $ 4,527 $ 1,655 $ 3,096 $ 9,334 $21,253 At December 31, 2017, the unadjusted balance in Allowance for Doubtful Accounts is a credit of $13,000. HUVYVCILS UN LIBUCCIONS I LICYCU2UU.ILICULULLUUL LILILS U automatically indented when amount is entered. Do not indent manually.) (1) On March 31, a $1,100 customer balance originating in 2017 is judged uncollectible. (2) On May 31, a check for $1,100 is received from the customer whose account was written off as uncollectible on March 31. Debit Credit No. Date Account Titles and Explanation (1). Mar. 31 (2). May 31 (To reverse write-off) May 31 (To record collection of write off.) Debit Credit Allowance for Doubtful Accounts Date Explanation Ref. Dec. 31 2017 Balance Dec. 31 2017 Adjusting Balance 13,000 39,865 26,865 Mar. 31 2018 May 31 2018