At Decectber 31, 2024, the Acoounts Receivable belance of Questor Applicasen inc is $195,000. The Alowance for Bad Debts account has a 510,710 debil baiance. Questar Afplication Inc prepares the following aging schedule for is socounts receivable: (Click the licon to view the oging schedule.) Read the requirements Aeain bv detertieing the target balance of Alowance for Bad Debts by using the ago of each acceunt. Data table 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 Questor Application Inc will report its net accounts receivable on its December 31,2024 , balance sheet