59-8 Applying the allowance method (aging-of-receivables) to account for uncollectibles Surf and Sun had the following balances at December 31, 2018, before the year-end adjustments: Accounts Receivable 81,000 Allowance for Bad Debts 2,063 The aging of accounts receivable yields the following data: Age of Accounts Receivable 0-60 Days Over 60 Days Total Receivables $ 78,000 $3,000 $ 81,000