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A company's accountsreceivableledger provides the following aged trial balance at December 31,2024 : The related general ledger account balances are- Accounts Recelvabie (control account) $37.870

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A company's accountsreceivableledger provides the following aged trial balance at December 31,2024 : The related general ledger account balances are- Accounts Recelvabie (control account) $37.870 Debit Allowance for DoubtfulAccounts: 920 Debit Company A estimates that the percentage of uncollectible accounts are as follows: accounts between 0 and 30 days. 1%; accounts between 31 and 60 days, 2%; accounts between 61 and 90 days, 4%; and accounts over 90 days old, 20%. Prepare the adjusting entry to record the current year's bad debt expense. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automotically indented when the amount is entered. Do not indent manuolly. List debit entry before credit entry. Round answers to 2 decimal ploces, eg. 52.75.)

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