Can I get help with d,e and F please P8-5A Pearson Company uses the allowance method to estimate uncollectible accounts receivable. Thecompany produced the following information from aging its accounts receivable at year end:Number of Days Outstanding31-60Total0-3061-9091-120Accounts receivableEstimated % uncollectibleEstimated uncollectible$640,000$360,0002%$140,000S100,00010%$40,00030%5%accountsThe unadjusted balance in Allowance for Doubtful Accounts is a debit of $3,000.Instructions(a) Complete the aging schedule and calculate the total estimated uncollectible accounts.(b) Record the bad debt adjusting entry using the information determined in part (a).(c) In the following year, $18,000 of the outstanding accounts receivable is determined to be uncollectible.Record the write off of the uncollectible accounts.(d) The company collects $4,500 of the $18.0X0 of accounts that was determined to be uncollectible in part (c).The company also expects to collect an additional $1.000. Record the journal entry (or entries) to restorethe accounts receivable and the cash collected. Collection of the $1,000 is expected in the near future.(e) Explain how using the allowance method matches expenses with revenues.(f) Explain how using the allowance method values Accounts Receivable at net realizable value on thebalance sheet.

When bad debts are written-off using the allowance method, the allowance account reduces and is…

(d) The company collects $4,500 of the $18,000 of accounts that was determined to be uncollectible in part (c). The company the accounts receivable and the cash collected. Collection of the $1,000 is expected in the near future. (e) Explain how using the allowance method matches expenses with revenues. (f) Explain how using the allowance method values Accounts Receivable at net realizable value on the balance sheet. also expects to collect an additional $1,000. Record the journal entry (or entries) to restore