Question: sorry this is for accounting. 3. Using the information below, perform the following tasks: Not Past Account Receivables 0-31 days Past Due 175,000 31-60 days

sorry this is for accounting.

3. Using the information below, perform the following tasks: Not Past Account Receivables 0-31 days Past Due 175,000 31-60 days Past Due 83,000 61-90 days Past Due 38,000 + 90 days Past Due 12,000 350,000 Percentage of not collecting 2% 8% 22% 58% 78% a. Calculate the estimated amount of receivables that might not be collected b. Perform the adjustment(debit/credit) using the allowance method

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