PRINCIPLES OF ACCOUNTING I (ACCELE PRINTER VERSION TRACK Question 18 Concord Ltd. has accounts receivable of $222,000 and an adjusted debit balance in its lowance for del counts of $670 of March 31, 2021. An analysis of the accounts receivable shows the amounts Month of Sale Amount March (0-30) $145,300 February (31-60) 21,800 January (61-90) 31,400 October December (over 90) 23,500 The company's percentage estimates of its uncollectible accounts are as follows: Number of Days Estimated Outstanding Uncollectible 0-30 31-60 10% 61-90 30% Over 90 60% Prepare an aging schedule to determine the total estimated uncollectibles at March 31, 2021 Number of Days Outstanding 0-30 Amount Estimated Uncollectible Estimated Uncollectible $ ly 31-60 61-90 Over 90 Total O LIST OF ACCOUNTS Prepare any required adjusting entry March 31, 2021 to record bad debt expense (Credit account titles are automatically indented when the amount is entered. Do not indent manually Debit Crete Date Account Titles and Explanation Mar. 31 SHOW LIST OF ACCOUNTS What is the carrying amount of the receivables at March 31, 2017 Carrying amount SHOW LIST OF ACCOUNTS For this part only, assume instead that the unadjusted balance in the allowance for doubtful account is $990 credit. Prepare required adjusting entry at March 31, 2021 to record bad debt expense. (Credit account titles are automatically indented when the amount is enteved. Do not indent manly) Date Account Titles and Explanation Debit Credit Mar 31 SHOW LIST OF ACCOUNTS