At December 31, 2018, the Accounts Receivable balance of Solar Energy Manufacturing is $220,000. The Allowance for Bad Debts account has a $14,840 debit balance. Solar Energ following aging schedule for its accounts receivable: Click the icon to view the aging schedule.) Read the requirements Requirement 1. Joumalize the year-end adjusting entry for bad debts on the basis of the aging schedule. Show the T-account for the Allowance for Bed Debts at December 31, 2018 Begin by determining the target balance of Allowance for Bad Debts by using the age of each account. Age of Accounts 1-30 Over 90 Tota Balance 31-60 Days $ 70,000 2.0 61-90 Days $ 50,000 7.0 Days 80,000 0.3 Accounts Receivable $ $ Days 20.000 54.0 Estimated percent uncollectible % Estimated total uncollectible Journalize the year-end adjusting entry for doubtful accounts on the basis of the aging schedule. (Record debits first, then credits. Select the explanation on the last line of the joumal on Date Accounts and Explanation Debit Credit Dec. 31 Choose from any list or enter any number in the input fields and then continue to the next question MacBook Pro 988 %