wen iw A), Ar kunna.com uses the allowance method of accounting for uncollectilles. The cornpaay prodaced the following aging of the accounts roceivable at yourend. Instructions a. Calculate the total estimated uncollectibles based on the above information. (WW b. Trepare the year end adjusting journal entry to record Bed Debt Expense using the aged uncollectb. Prepare the yearend aljustingjournal caty to record Bad Debe Expense ssing the aged uncolloct- ible accounts reoebable determined in (a). Asume the unadjusted balance in Allowance for Doubefal Accounts is a $4,000 debit. c. Of the above acoounts, 35.000 is determined to be specifically uncollectible. Prepare the joumal entry to write off the uncollectible account. c. The company collects $5,000 subsequently on a spocific account that had previouly been determined to be uncollectible in (c). Frepare the journal entry or eatrics necesaly to restore the accoant and record the cash colloction. 6. Comment on how your ansuers to (a)-(d) would change if Riannacoon used 3% of total accounts roceivable, rather than aging the accounts receivable. What are the advantages to the company of weing the accounts neceivable nather than applying a percentage to total accounts roceivable