29 Question 2 30 Tech Ltd has a high rate of bad debts. End balance for the allowance for doubtful accounts will be based on the aging schedule shown. 31 Before the year end adjustments, the company's allowance for doubtful accounts balance $15,000 CR 32 The year-end balance for the allowance for the allowance for doubtful accounts will be based on the aging schedule shown. 33 34 Complete the table for the estimated amount of bad debt of each aging category 35 ging Catego Bad Debt Balance Estimated Amount of Bad Debt 36 ss than 20 dal 2.00% $400,000 37 20 - 30 days 3.00% $200,000 38 31 -60 days 20.00% $27.000 39 61 + days 50.00% $28,000 40 41 42 a) Prepare the journal entry to record bad debt expense at year-end (December 31, 20X0). (Remember the starting balance) 43 b) Prepare the journal entry to record the write-off of Customer A's account on March 31, $ 900 44 c) Customer A returns and pays the account in full. Prepare the journal transactions to reverse the write-off and record the payment. 45 46 Date Description DR CR 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63