Problem 6-6 Tuttle Toys Inc. had the following aging schedule of its receivables at the December 31, 20x9 year-end. Number of Days Outstanding 31-60 61-90 Total 0-30 90+ Accounts receivable $222,800 $165,500 $35,650 $14,000 $7,650 Estimated % uncollectible 1.6% 4% 8% 20% Allowance for doubtful accounts $6,500 dr. Required a) What is the balance required in the Allowance for Doubtful Accounts at December 31, 20x9? b) Prepare the adjusting journal entry to record the bad debts calculated in a). c) Next year $4,500 of the outstanding receivables will be determined uncollectible. Prepare the journal entry to write off this uncollected amount. d) Subsequently to the entry in c), Tuttle recovers $3,000 of the $4,500 written off. Prepare the journal entries to restore the account receivable and recognize the collection. e) Briefly explain how your answers for parts a)-d) would change if Tuttle estimated total accounts receivable to be 5% uncollectible instead of using the aging schedule. f) What is the advantage to the company of using the aging method rather than a total percentage of accounts receivable