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Twilight Company uses the aging of accounts receivable method to estimate Bad Debt Expense. The balance of each account receivable is nged on the basis

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Twilight Company uses the aging of accounts receivable method to estimate Bad Debt Expense. The balance of each account receivable is nged on the basis of three categories as follows: (1) 1-30 days old. (2) 31-90 days old, and (3) more than 90 days old. Based on experience, management has estimated what portion of receivables of a specific age will not be paid as follows: (03% (2) At December 31, 2019, the unadjusted credit balance in the Allowance for Doubtful Accounts was $240. The total Accounts Receivable in each age category were: () 130 days old, $71.000 (2) 3190 days old, $14,000, and (3) more than 90 days old, 54,000 Required: a. Calculate the estimate of uncollectible accounts at December 31, 2019. b. Prepare the approprinte adjusting entry dated December 31, 2019 Complete this question by entering your answers in the tabs below. Required Required B Calculate the estimate of uncollectible accounts at December 31, 2019, Estimated uncollectible accounts HOA Required >

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