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Question 9 Vaughn Manufacturing had a $300 credit balance in Allowance for Doubtful Accounts at December 31, 2022, before the current year's provision for uncollectible

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Question 9 Vaughn Manufacturing had a $300 credit balance in Allowance for Doubtful Accounts at December 31, 2022, before the current year's provision for uncollectible accounts. An aging of the accounts receivable revealed the following: Estimated Percentage Uncollectible Current Accounts $180,000 1-30 days past due 17,500 31-60 days past due 12.000 75 61-90 days past due 6,500 Over 90 days past due 9.500 34 Total Accounts Receivable $225,500 15 Prepare the adjusting entry on December 31, 2022, to recognize bad debts expense. (Credit accountitles are automatically indented when the amount is enteredt. De not indent manually.) Account Tities and Explanation Credit Debit

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