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Wildhorse Co. has accounts receivable of $ 94,400 at March 31, 2022. Credit terms are 2/10,n/30. At March 31, 2022, there is a $ 2,115

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Wildhorse Co. has accounts receivable of $ 94,400 at March 31, 2022. Credit terms are 2/10,n/30. At March 31, 2022, there is a $ 2,115 credit balance in Allowance for Doubtful Accounts prior to adjustment. The company uses the percentage-of-receivables basis for estimating uncollectible accounts. The company's estimates of bad debts are as shown below. Balance, March 31 Estimated Percentage Uncollectible Age of Accounts 2022 2021 Current $ 64,400 $ 81,960 2 % 1-30 days past due 13,300 7.240 5 31-90 days past due 9.100 2.260 32 Over 90 days past due 7,600 1,010 47 $ 94,400 $ 92,470 Determine the total estimated uncollectibles at March 31, 2022. Total estimated uncollectibles $ e Textbook and Media List of Accounts Prepare the adjusting entry at March 31, 2022, to record bad debt expense. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit

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