Question 39 of 41 - /5 ill View Policies Current Attempt in Progress Marigold Corp, has accounts receivable of $102,100 at March 31, 2022. An analysis of the accounts shows these amounts, Month of Sale March February December and January November and October Balance, March 31 2022 2021 $72,000 $84.900 12,100 9,000 10,400 2,000 7.600 1,000 $102.100 S96.900 Credit terms are 2/10, 1/30. At March 31, 2022. there is a $4.800 credit balance in Allowance for Doubtful Accounts prior to adjustment. The company uses the percentage of receivables basis for estimating uncollectible accounts. The company's estimates of bad debts are as shown below Question 39 of 41 - 75 III Age of Accounts Current 1-30 days past due 31-90 days past due Over 90 days past due Estimated Percentage Uncollectible 2 % 7 25 50 Determine the total estimated uncollectible accounts receivable. Total estimated uncollectibles accounts receivable $ 2 Section 12 -/5 Question 39 of 41 Total estimated uncollectibles accounts receivable --/2 Question Part Score Prepare the adjusting entry at March 31, 2022to record bad debts expense. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Debit Credit Date Account Titles and Explanation Mar. 31 --/3 Question Part Score Attempts: 0 of 1 used Submit Answer Save for Later