Al December 31, 2024, the Accounts Receivable balance of Digital Cable Company is $170,000. The Allowance for Bad Debts account has a $23,330 dobit balanco. Digital Cable Company prepares the following aging schedule for its accounts receivable (Click the loon to view the aging schedule.) Read the requirements Requirement 1. Journalize the year-end adjusting entry for bad debts on the basis of the aging schedule. Show the Taccount for the Allowance for Bad Debts at December 31, 2024 Begin by determining the target balance of Allowance for Bad Debts by using the age of each account Age of Accounts 1-30 61-90 Enter any number in the edit fields and then click Check Answer. 31-60 Over 90 Total ? i Data Table Age of Accounts Accounts Receivable 1-30 Days 31-60 Days 61-90 Days Over 90 Days $ 60,000 $ 55,000 $ 15,000 $ 40,000 0.8% 4.0% 7.0% 54.0% Estimated percent uncollectible i Requirements 1. Journalize the year-end adjusting entry for bad debts on the basis of the aging schedule. Show the T-account for the Allowance for Bad Debts at December 31, 2024. 2. Show how Digital Cable Company will report its net accounts receivable on its December 31, 2024, balance sheet. At December 31, 2024, the Accounts Receivable balance of Digital Cable Company is $170,000. The Allowance for Bad De Digital Cable Company prepares the following aging schedule for its accounts receivable: Click the icon to view the aging schedule.) Read the requirements Begin by determining the target balance of Allowance for Bad Debts by using the age of each account. Age of Accounts 1-30 31-60 61-90 Over 90 Total Days Days Days Days Balance Enter any number in the edit fields and then click Check Answer. At December 31, 2024, the Accounts Receivable balance of Digital Cable Company is $170,000. The Allowance for Bad Debts accou Digital Cable Company prepares the following aging schedule for its accounts receivable: B. (Click the icon to view the aging schedule.) Read the requirements Balance $ Days 60,000 0.8 % Days $ 55,000 4.0 % Days 40,000 Accounts Receivable Estimated percent uncollectible Estimated total uncollectible Days $ 15,000 7.0 % $ 54.0% Enter annuumhar in the art find and then siel Ohne A