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The following accounts receivable information pertains to Marshall Inc. Past-Due Category Accounts Receivable Total Percentage Uncollectible 8% 0-30 days 31-90 days $85,550 36,230 22,170 16%

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The following accounts receivable information pertains to Marshall Inc. Past-Due Category Accounts Receivable Total Percentage Uncollectible 8% 0-30 days 31-90 days $85,550 36,230 22,170 16% Over 90 days 37% Determine the estimated uncollectible bad debt from Marshall Inc, using the balance sheet aging of receivables method. Round final answer to two decimal places. Record the year-end adjusting Journal entry for bad debt. If an amount box does not require an entry, leave it blank. Round your answers to two decimal places.

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