53:18 Sheffield Corp. had a $300 credit balance in Allowance for Doubtful Accounts at December 31, 2022, before the current year's provision for uncollectible accounts. An aging of the accounts receivable revealed the following Estimated Percentage Uncollectible Current Accounts 1% 1-30 days past due $110.000 18,000 13,500 3% 31-60 days past due 5% 61-90 days past due 7.600 17% 31% Over 90 days past due 9.400 Total Accounts Receivable $158.500 la) senten Donoindent Prepare the adjusting entry on December 31, 2022. to recognize bad debts expense Credit account theoretomatically indented when the Debit Credit Account Titles and Explanation GODISUOMO AO w Prepare the adjusting entry on December 31, 2022, to recognize bad debts expense. (Credit accountities are automatically indented when the amount is entered Danoindent many Account Titles and Explanation Debit Credit Save for Lab Attempts: 0 of 1 used Submit Answer The parts of this question must be completed in order. This part will be available when you complete the part above