3. If necessary, record year-end adjustment entries for Bad debts accounts. A. Prepare the (aging schedule) for the following accounts receivable:

Aging classification (number of days to expire)	Balance of the accounts as of December 31	Estimate of the percentage of the account that is uncollectible
0-30 Days	$120,000	1%
31-60 Days	80,100	2 %
61-90 Days	21,000	11%
91- 120 Days	9,000	23%
More than 120 Days	15,300	65%
Total accounts receivable	$245,400