1. Complete the aging schedule for Harper Company. (12 points)
Customer	Total	Not Yet Due	Number of Days Past Due
1-30	31-60	61-90	Over 90
Allen	$18,000		$12,000	$6,000
Brian	$24,000				24,000
Charles	$40,000	25,000	15,000
Dwight	$52,000					52,000
Others	$196,000	97,000	60,000	39,000
Total
Estimated % uncollectible	N/A	1%	3%	9%	20%	40%
Total estimated bad debts

2. Prepare the necessary journal entry to adjust the allowance account. (4 points)

3. Post the above journal entry. (6 points)

Bad Debts Expense		Allowance for Doubtful Accounts
				$17,250	1/1/2022
					12/31/2022