Exercise 8-5 Windsor, Inc. has accounts receivable of $96,600 at March 31, 2017. Credit terms are 2/

Exercise 8-5 Windsor, Inc. has accounts receivable of $96,600 at March 31, 2017. Credit terms are 2/10, n/30. At March 31, 2017, there is a $2,287 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 estimates of bad debts are as shown below Balance, March 31 Estimated Percentage 2016 Uncollectible 2% Age of Accounts 2017 Current $65,600 $75,150 5 1-30 days past due 31-90 days past due Over 90 days past due. 13,500 7,870 9,800 7,700 2,630 I 28 1,140 47 $96,600 $86,790 Determine the total estimated uncollectibles The total estimated uncollectibles Prepare the adjusting entry at March 31, 2017, to record bad debt expense. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Credit Debit