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vulty Company prepared Eming uyily of receive a CLEVI JL. Accounts receivable Percent uncollectible Total $570,000 1 to 30 Days Past Due 31 to

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vulty Company prepared Eming uyily of receive a CLEVI JL. Accounts receivable Percent uncollectible Total $570,000 1 to 30 Days Past Due 31 to 60 61 to 90 Over 90 $ 396,000 $ 90,000 $ 36,000 $ 18,000 $ 30,000 1% 2% 5% 7% 10% Exercise 9-14 (Static) Aging of receivables method LO P3 a. Complete the table below to calculate the estimated balance of Allowance for Doubtful Accounts using aging of accounts receivable. b. Prepare the adjusting entry to record bad debts expense using the estimate from part a. Assume the unadjusted balance in the Allowance for Doubtful Accounts is a $3,600 credit. c. Prepare the adjusting entry to record bad debts expense using the estimate from part a. Assume the unadjusted balance in the Allowance for Doubtful Accounts is a $100 debit. Complete this question by entering your answers in the tabs below. Req A Req B and C Complete the table below to calculate the estimated balance of Allowance for Doubtful Accounts using aging of accounts receivable. Accounts Receivable Percent Uncollectible (%) Estimated Uncollectible Not due: x 1 to 30: x 31 to 00: x 61 to 90 x Over 90 x Estimated balance of allowance for uncollectibles

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