25. Hill Corporation uses the Allowance Method for handling bad debts. On 12/31/2019 before any adjustment were made, the ledger contained the following balances: Accumulated Depreciation/Building 45,000 What is the balance in the Accounts Receivable subsidiary ledger? Why do businesses have to estimate the amount of uncollectible receivables at the end of a fiscal period? Prepare the adjusting entry, assuming the Aging Schedule for Accounts Receivable determines a balance of 32,000 . Hint, there is a balance already in that account