PHINTER VERSIONBACKERT . Credit terms are 2/10, n/30. At March 31, 2017, there is a $2,212 credit balance in Allowance for Blue Spruce Corp, has accounts receivable of $93,500 at March 31, 2017 Doubtful Accounts prior to adjustment. The company uses the percentage-of-receivables basis are as shown below. for Balance, March 31 Estimated 2017 2016 Uncollectible 2% $65,300 $70,010 11,800 7,430 31-90 days past due 9,300 2,260 Over 90 days past due 7,100 1,130 $93,500 $80,830 Current 1-30 days past due 32 47 Prepare the adjusting entry at March 31, 2017, to record bad debt expense. (Credit account titles are automatically indented when amount is entered. Do not indent Debit 7 8