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 $2,000 (credit 1. Accounts not yet due = $27,000; estimated uncollectible=4% 2. Accounts 1-60 days past due $12,000; estimated uncollectible -25%. 3. Accounts more than 60 days past due $7.000, estimated uncollectible 50% Required: 1. Compute the total estimated uncollectible accounts. Estimated Age Group Amount Uncollectible Not yet duo 1-60 days past due More than 60 days past due Total 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. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry View general journal Clear entry