A/R 1/1 BB 2,000 1/20 Invoice 1710 1,500 1,200 1/14 BB collection 1/31 Invoice 1714 12,810 1,500 2/14 Invoice 1710 3/31 Invoice 1716 6,000 12,000 3/13 Invoice 1714 6/11 Invoice 1799 9,600 6,000 4/5 Invoice 1716 9/6 Invoice 1812 12,000 20,600 9/12 Part of Invoice 1799 and entire amount Invoice 1812 Invoice 2015 1412 1412 10/4 Invoice 2015 11/15 Invoice 2078 1,582 300 10/5 BB write-off 10/15 recovery of write-off 50 50 10/15 recovery of write-off 12/14 Invoice 2099 13,521 EB 17,413 10/5 Allowance for Doubtful Accounts 200 1/1 BB BB write-off 300 50 10/15 recovery of write-off Show work clearly. 1. Above is accounts receivable of Titan company. It uses percentage of receivable to determine bad debt expense. Keep in mind that today is 12/31. Show work clearly for the following questions. a. Determine age of receivable by filling the table. Assume any balance from 1/1 is over 365 days. b. Determine bad debt expense for the year. Classification by age Estimated % uncollectible 1-31 days 1% 32 - 90 days 5% 91 - 180 days 15% 181 - 365 days 45% > 365 days 99% Amuont