Arundel Company uses aging to estimate uncollectibles.  At the end

of the fiscal year, December 31, 2018, Accounts Receivable has a balance that consists of:

The current unadjusted Allowance for Uncollectible Accounts balance is a debit balance of $2,000 and the Bad Debt Expense accounts has an unadjusted balance of zero. After the adjusting entry is made, what will be the dollar balances in the Allowance for Doubtful Accounts? Round to nearest whole dollar.

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Estimated Dollar Value Age of Account Collectible $235,000 < 30 days old 99.5% 70,000 30 to ‘50 days 91.5%
old
40,000 61 to :3: days 76.0% 13,000 > 120 days old 17.0%