At December 31, 2020, the Accounts Receivable balance of Digital Electronics is $348,000. The Allowance for Doubtful Accounts has a(n) 10,500 credit balance Accountants for Digital Electronics prepare the following aging schedule for its accounts receivable (Click the icon to view the aging schedule.) Required 1. Journalize the adjusting entry for doubtful accounts based on the aging schedule Show the l-account for the allowance at December 31, 2020 1. Journalize the adjusting entry for doubtful accounts based on the aging schedule Show the T-account for the allowance at December 31, 2020 2. Show how Digital Electronics will report Accounts Receivable on its December 31, 2020 balance sheet 3. Suppose all the facts of this situation are the same except that Allowance for Doubtful Accounts has a $1,300 debit balance Calculate the amount of the adjusting entry Aging Schedule Age of Accounts Receivable 1-30 31-60 61-90 Over 90 Days Days Total Accounts Receivable $158.000 1.0% Days $86.000 2.0% Days $78.000 12.0% $26,000 $348,000 50.0% Estimated percent uncollectible Allowance Needed Print Done