Receivables Current) 8,000 E8.6 (LO 2) Godfreid Company has accounts receivable of $95,400 at March 31, 2020. Credit terms are 2/10, n/30. At March 31, 2020, there is a $2,100 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. ON van Ho Os no sirodo ello2 Olomo( II) 1.821 Balance, March 31 Estimated Percentage which Age of Accounts 2020 endThe 2019 Uncollectibles al zboog bor $65,000 $75,000 2% Odo no or oth si 1-30 days past due 12,900 og ble 31-90 days past due 10,100 2,400 30 Over 90 days past due 7,400 1,100 vols 5019 O 28 $95,400 $86,500 DOO ons 2015.000.22.20 sqmonobod onog O sziget blod DDM Instructions lo ditou abandono nowe balloon a. Determine the total estimated uncollectibles. mu o bien b. Prepare the adjusting entry at March 31, 2020, to record bad debt expense. c. Discuss the implications of the changes in the aging schedule from 2019 to 2020. TE th 15 E8.7 (LO 2) At December 31, 2019, Blanda Company had a credit balance of $15,000 in Allowance for Doubtful Accounts. During 2020, Blanda wrote off accounts totaling $11,000. One of those accounts ($1,800) was later collected. At December 31, 2020, an aging schedule indicated that the balance in OM OSS Allowance for Doubtful Accounts should be $19,000. rolsun