1. Complete the aging schedule for Harper Company.
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.

3. Post the above journal entry.

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