(a) ur answer is corre Calculate the total estimated bad debts based on the below information. Number of Days Outstanding 31-60 51-90 91-120 Over 120 $90.000 $47,000 $23,000 $12,000 4% 5% 89% 11% 3 600 69 1840 to 1320 e Textbook and Media List of Accounts Attempts: 1 of 15 used (b) Your answer is incorrect. Prepare the year-end adjusting journal entry to record the bad debts using the aged uncollectible accounts receivable determined above. Assume the unadjusted balance in Allowance for Doubtful Accounts is a $3.700 debit (List debit entry before credit entry Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Account Titles and Explanation Debit Credit(a) Calculate the total estimated bad debts based on the below information Total 0 - 30 31-60 Accounts receivable $455.000 $283,000 $90.000 9% uncollectible 196 496 Estimated bad debts 129 Textbook and Media List of Accounts Attempts: 1 of 15 used (b) Your answer is partially correct. Prepare the year-end adjusting journal entry to record the bad debts using the aged uncollectible accounts receivable determined above. Assume the unadjusted balance in Allowance for Doubtful Accounts is a $3.700 debit. (List debit entry before credit entre Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Account Titles and Explanation Debit Credit Bad Debt Expense Allowance for Doubtful Account