Spade Agency separates its accounts receivable into three age groups for purposes of estimating the percentage of uncollectible accounts. In addition, the balance of Allowance for Uncollectible Accounts before adjustment is $9,000 (credit. 1. Accounts not yet due = $41,000; estimated uncollectible = 4%. 2. Accounts 1-60 days past due - $26,000; estimated uncollectible = 25%. 3. Accounts more than 60 days past due = $21,000; estimated uncollectible = 50% Required: 1. Compute the total estimated uncollectible accounts. Estimated Age Group Uncollectible Not yet due 1-60 days past due More than 60 days past due Amount Total $ 0 2. Record the year-end adjustment for estimated uncollectible accounts. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record the adjusting entry for Allowance for Uncollectible Accounts. 2. Record the year-end adjustment for estimated uncollectible accounts. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet