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Zuo Software categorizes its accounts recelvable into four age groups for purposes of estimating its allowance for uncollectible accounts. 1. Accounts not yet due =$344,000;

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Zuo Software categorizes its accounts recelvable into four age groups for purposes of estimating its allowance for uncollectible accounts. 1. Accounts not yet due =$344,000; estimated uncollectible =20% 2. Accounts 130 days past due =$43,000; estimated uncollectible =23%. 3. Accounts 3190 days past due =$34.400; estimated uncollectible =26% 4. Accounts more than 90 days past due =$25,800; estimated uncollectible =30%, At 12/31/2021, before recording any adjustments, Zuo has a credit balance of $29,300 in its allowance for uncollectible accounts. Required: 1. Estimate the appropriate 12/31/2021 balance for Zuo's allowance for uncollectible accounts. 2. What journal entry should Zuo record to adjust its allowance for uncollectible accounts? 3. Calculate Zuo's 12/31/2021 net accounts receivable balance. What fournal entry should Zuo record to adjust its allowance for uncollectible accounts? (If no entry is required for a transaction/event. select "No foumal entry required" in the first account field.)

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