Question 2 The following is an aging schedule for Bob's Fruit Wholesale on December 31, 2020, Customer Aaron Blanchett Jorge Oliver Total Estimated Percent Uncollectable Total $55,000 23,000 65,000 125,000 $268.000 0-30 days $40,000 20,000 52.000 101,000 213,000 10% 30-60 days 60-90 days > 90 days $5,800 $2,000 $7,200 1,000 1,000 1,000 3,000 4,000 6,000 23,000 2,000 32.800 9,000 $14,200 20% 50% 80% At December 31, the unadjusted balance in the Allowance for Doubtful Accounts is a Debit of $5,600. a. Using the above table, determine the estimated uncollectable accounts at December 31, 2020 b. What is the carrying amount of the accounts receivable on December 31, 2020? Show how the accounts receivable will appear on the balance sheet on this date. c. Prepare the adjusting entry to record the bad debt expense d. Later in 2021, it is determined that $36,000 of the Accounts receivable from Jorge is uncollectable. Record the write off. e. April 1, Oliver paid part of the balance owing at year end of $75,000. f. On Oct 1, Bob accepted a $23,000, 6-month, 4% note receivable from Blanchett in settlement of its accounts receivable. g. November 1, Bob sells good for $185,000 on account. h. On December 31, Bob accrues the interest on the note outstanding. i. On December 31, Bob estimates 10% of total accounts receivable is not collectable. Record the bad debt expense (Use T Accounts) J. On December 31, Blanchett goes bankrupt and the note is dishonoured and future payment is not expected