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Apply. Connect Homework (due Day 7 Soved Net Zero Products, a wholesaler of sustainable raw materials. Prepared the following aging of receivables analysis. 1 Days Past Due Total $ 129,000 Accounts receivable Percent uncollectible 0 $ 84,000 19 1 to 30 $ 22,000 396 31 to 60 $9,000 596 61 to 90 $ 6,000 896 Over 90 $ 8,000 1194 1. Estimate the balance of the Allowance for Doubtful Accounts using the aging of accounts receivable method. 2. Prepare the adjusting entry to record bad debts expense assuming the unadjusted balance in the Allowance for Doubtful Accounts is a $1,400 credit. Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 Estimate the balance of the Allowance for Doubtful Accounts using the aging of accounts receivable method. Accounts Percent receivable uncollectible (4) Not due 1 to 30 31 to 60 61 to 90 Over 90 X Estimated balance of allowance for uncollectibles Ren Reg 2 > Complete this question by entering your answers in the tabs below. Req1 Reg 2 Prepare the adjusting entry to record bad debts expense assuming the unadjusted balance in the Allowance for Doubtful Accounts is a $1,400 credit. View transaction list Journal entry worksheet 1 Record estimated bad debts assuming that Allowance for Doubtful Accounts has a $1,400 credit balance. Note: Enter debits before credits Date General Journal Debit Credit Dec 31 Record entry Clear entry View general journal