On December 31, 2018, the Accounts receivable balance of Austin Technology Group is $285,000. The Allowance for uncollectible accounts has a $7,900 credit balance. Austin Technology Group prepares the following aging schedule for its accounts receivable: (Click the icon to view the aging schedule.) Read the requirements. Requirement 1. Journalize the year-end adjusting entry for uncollectible accounts on the basis of the aging schedule. Calculate the resulting ending balance of the Allowance account based on the account aging. Show the T-account for the Allowance on December 31, 2018. Begin by recording the year-end adjusting entry for uncollectible accounts in the journal. (Record debits first, then credits. Exclude explanations from any journal entries.) Journal Entry Date Accounts Debit Credit Data Table Dec 31 7 Age of Accounts 1-30 Days 31-60 Days 61-90 Days Over 90 Days Accounts receivable. $130,000 $75,000 $70,000 Now calculate the resulting ending balance using the following T-account. $10,000 60% Estimated percentage uncollectible .... 0.2% 1.0% 5.0% Allowance for uncollectible accounts Bal. before adj. Print Done Adj. entry Bal. after adj. Requirement 2. Assume that instead of a $7,900 credit balance, the Allowance account has a $1,100 debit balance before adjustment. Journalize the year-end adjusting entry for uncollectible accounts on the basis of the aging schedule. Calculate the resulting ending balance of the Allowance account based on the account aging. Show the T-account for the Allowance on December 31, 2018. Begin by recording the year-end adjusting entry for uncollectible accounts in the journal. (Record debits first, then credits. Exclude explanations from any journal entries.) Journal Entry Date Accounts Debit Credit Dec 31 Now calculate the resulting ending balance using the following T-account. Allowance for uncollectible accounts Bal. before adj. Adj. entry Bal. after adj