Please answer Part B. Prepare the adjusting entry at March 31, 2020, to record bad debt expense. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Exercise 9-06 a-b (Part Level Submission) Whispering Company has accounts receivable of $108,600 at March 31, 2020. Credit terms are 2/10, n/30. At March 31, 2020, there is a $1,500 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 estimate of bad debts is shown below. Estimated Balance, Percentage Age of Accounts March 31 Uncollectible 2020 2019 Current $72,300 $75,000 4% 1-30 days past due 18,200 8,000 7% 31-90 days past due 9,300 2,400 24% Over 90 days past due 8,800 1,100 55% $108,600 $86,500 (a) Your answer is correct. Determine the total estimated uncollectibles. Total estimated uncollectibles 11238 Click if you would like to Show Work for this question: Open Show Work (b) Your answer is partially correct. Try again. Prepare the adjusting entry at March 31, 2020, to record bad debt expense. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Mar. 31 Bad Debt Expense 11233 T Allowance for Doubtful Accounts 11238 Click if you would like to Show Work for this question: Open Show Work