Vaughn Inc uses the allowance method to estimate uncollectibles. The company produced the following aging of the accounts receivable at year-end (a) Your answer is correct Calculate the total estimated uncollectibles based on the below information Accounts receivable Nuncollectible Total $331,400 0:30 31-60 Number of Days Outstanding 61-90 91-120 Over 120 $104,000 $70,800 $65,400 $49,100 $42,100 2% 5% 6% 9% 21% Estimated Bad debts 3 22804 2010 3540 3924 4419 eTextbook and Media List of Accounts (b) (d) O Your answer is partially correct Prepare the year-end adjusting journal entry to recond the Bad Debt Expense using the aged uncollectible accounts receivable determined in (a). Assume the unadjusted balance in Allowance for Doubtful Accounts is a $8.5 Of the above accounts $4,700 is determined to be specifically uncollectible. Prepare the journal entry to write off the uncollectible account d The company collects $4,700 subsequently on a specific account that had previously been determined to be uncollectible in (d. Prepare the journal entries necessary to restore the account and record the cash collection Credit account titles are automatically Indented when amount is entered. Do not indent manually) No Account Titles and Explanation 06 Bad Debt Expense Alwance for Doubitul Accounts ich Allowance for DoubtfulAccou Accounts Receiva Accounts Relatable Allowance for Doub Debit Credit 16500 4700 4700 6500 4700 4700