content area top Part 1 At December 31, , before any year-end adjustments, the Accounts Receivable balance of , Inc., is . The Allowance for Uncollectible Accounts has a(n) credit balance. prepares the following aging schedule for Accounts Receivable: LOADING...(Click the icon to view the aging schedule.) Read the requirementsLOADING.... Question content area bottom Part 1 Requirement 1. Based on the aging of Accounts Receivable, is the unadjusted balance of the allowance account adequate? Too high? Too low? First, calculate a revised allowance for uncollectible accounts amount and the adjusting entry amount. (Round to the nearest dollar.) Allowance for Uncollectible Accounts: Credit balance needed 130 $650 3160