Record Instructions Using your knowledge of receivables transactions, determine the missing amounts. (Hint: You may not be able to solve the above items in alphabetical order. You may find it helpful to reconstruct the journal entries.) P8.4A (L02) Richibucto Ltd. prepares an aging schedule for its accounts receivable at the end of each month and records bad debts expense monthly. The following selected information is from Richibucto's partial aging schedule at the end of July: Number of Days Estimated Percentage Outstanding Receivable Uncollectible 0-30 days $ 780,000 2% 31-60 days 340,000 6 61-90 days 115,000 12% Over 90 days 76,000 Total $1,211,000 Accounts The unadjusted balance in Allowance for Doubcal Acocaris is a credit of $12,360. Instructions a. Complete the aging schedule and calcate the tota estimated uncollectible accounts from the above information. b. 1. Prepare the adjusting journal entry to record the bad debts using the information determined in part (a). 2. Would your journal entry be different if the unadjusted balance in Allowance for Doubtful Accounts were a debit of $12,360? c. In August, management determined that $45,730 of the outstanding receivables were specifically uncollectible. Prepare the journal entry to write off the uncollectible amount. d. Richibucto subsequently collected $8,850 of the $45,730 that was determined to be uncollectible in part (c). Prepare the journal entry(ies) to record the collection