Zuo Software categorizes its accounts recelvable Into four age groups for purposes of estimating its allowance for

uncollectible accounts.

Accounts not yet due $=$$$385,000$; estimated uncollectlble $=10\%.$

Accounts $1-30$ days past due $=$$$34,400$; estimated uncollectlble $=9\%.$

Accounts $31-90$ days past due $=$$$27,500$; estimated uncollectible $=12\%$

Accounts more than $90$ days past due $=$$$20,600$; estimated uncollectible $=16\%.$

At $\frac{12}{31}\frac{?}{2024},$ before recording any adjustments, Zuo has a credit balance of $$21,800$ in Its allowance for uncollectible

accounts.

Required:

Estimate the approprlate $12/31/2024$ balance for Zuo's allowance for uncollectlble accounts.

What journal entry should Zuo record to adjust Its allowance for uncollectible accounts?

Calculate Zuo's $12/31/2024$ net accounts recelvable balance.

Complete this question by entering your answers in the tabs below.

Estimate the appropriate $12/31/2024$ balance for Zuo's allowance for uncollectible accounts.

Balance in allowance for uncollectible accounts