At December 31, 2018, the trial balance of Jordan Company contained the following accounts before adjustment Debit Credit Accounts Receivables $1,500,000 Allowance for Doubtful accounts $ 400 Sales Revenue 16,800,000 At December 31, 2018, a company's aging schedule to estimate uncollectable accounts receivable at year end. 0-30 31-60 61-90 91-120 over 120 Accounts Receivables $1,250,000 $120,000 $30,000 $40,000 $60,000 Uncollectable % 1% 2% 5% 10% Estimated Bad Debts 8% Instructions Journalize the adjusting entry for bad debts at December 31.2018. 25,200 doubt 25,200