Save & Exit Check 7 1 Dots Twilight Company uses the aging of accounts receivable method to estimate Bad Debt Expense. The balance of each account receivable is aged on the basis of three categories as follows (1) 130 days old, (2) 31-90 days old, and (3) more than 90 days old Based on experience, management has estimated what portion of receivables of a specific age will not be paid as follows: (1) 3% (2) 17% and (3) 40%, respectively At December 31, 2019, the unadjusted credit balance in the Allowance for Doubtful Accounts was $190. The total Accounts Receivable In each age category were (1) 130 days old $63.000, (2) 31-90 days old, $18.000, and (3) more than 90 days old $5,000 Required: a. Calculate the estimate of uncollectible accounts at December 31, 2019 b. Prepare the appropriate adjusting entry dated December 31, 2019. Complete this question by entering your answers in the tabs below. Required A Required Calculate the estimate of uncollectible accounts at December 31, 2019 Estimated uncoctible accounts RAMA Required B > 7 View transaction llst Journal entry worksheet 1 points eBook Record the adjusting entry on December 31, 2019, References Note: Enter debits before credits General Journal Debit Date December 31, 2019 Credit Record entry Clear entry View general Journal