Question: Current Attempt in Progress Pina Colada Corp. has accounts receivable of 100,400 at March 31 2022. An analysis of the accounts shows these amounts Balance,

Current Attempt in Progress Pina Colada Corp. has accounts receivable of 100,400 at March 31 2022. An analysis of the accounts shows these amounts Balance, March 31 Month of Sale 2022 2021 March $70,000 $78.200 February 12.900 8,700 December and January 10,500 2.700 November and October 7,000 1,300 $100,400 $90,900 Credit terms are 2/10, 1/30. At March 31, 2022, there is a $3,200 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 Estimated Percentage Age of Accounts Uncollectible Current 2 % 1-30 days past due 7 31-90 days past due Over 90 days past due 25 50 Determine the total estimated uncollectible accounts receivable. $ Total estimated uncollectibles accounts receivable ivables and bad debts Question 5 of 6 -112 E Determine the total estimated uncollectible accounts receivable Total estimated uncollectibles accounts receivable $ e Textbook and Media List of Accounts Prepare the adjusting entry at March 31, 2022, to record bad debts expense. (Credit account titles are automatically indented when the amount is entered Do not Indent manually) Date Account Titles and Explanation Debit Credit Mar 31 e Textbook and Media List of Accounts Attempts: 0 of 3 used Submit Answer for
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