QS 7-10 (Algo) Aging of receivables method LO P3 Net Zero Products, a wholesaler of sustainable raw materials, prepares the following aging of receivables analysis. Accounts receivable Percent uncollectible Days Past Due Total $ 146,500 $ 89,000 1 to 30 $ 27,000 31 to 60 $ 11,500 61 to 90 $ 8,500 Over 90 $ 10,500 11 28 41 68 108 1. Estimate the balance of the Allowance for Doubtful Accounts using the aging of accounts receivable method. 2. Prepare the adjusting entry to record bad debts expense assuming the unadjusted balance in the Allowance for Doubtful Accounts is a $1,900 credit. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Estimate the balance of the Allowance for Doubtful Accounts using the aging of accounts receivable method. Percent Estimated Uncollectible Accounts receivable uncollectible (%) Not due: X 1 to 30: X 31 to 60: 61 to 90: x Over 90: Estimated balance of allowance for uncollectibles Required " M Required 2 >