At December 31, 2020, the Accounts Receivable balance of Faily Distribution Senden a $238.000 The Allowance for Double Accounts has an 59.500 balance Accountants for Foley Distribution Service prepare the following aging schedule for its accounts receivable Click the icon to view the aging schedule.) Required 1. Journale the adjusting entry for doubitul accounts based on the aging schedule. Show the Taccount for the allowance December 31, 2020 2. Show how Foley Distribution Service will report Accounts Receivable on December 31, 2020, balance sheet 3. Suppose all the facts of this situation are the same except that Allowance for Double Accounts a $1.200 bit balance Calculate the amount of adjusting entry Requirement 1. Journalize the adjusting entry for doubtful accounts based on the aging schedule. Show the Taccount for the allowance at December 31, 2020 Begin by joumalizing the adjusting entry (Record debits first, then credit Exclude explanations from journal entries.) Journal Entry Date Accounts Det Credit Doc 31 At December 31, 2020, the Accounts Receivable balance of Faily Distribution Senden a $238.000 The Allowance for Double Accounts has an 59.500 balance Accountants for Foley Distribution Service prepare the following aging schedule for its accounts receivable Click the icon to view the aging schedule.) Required 1. Journale the adjusting entry for doubitul accounts based on the aging schedule. Show the Taccount for the allowance December 31, 2020 2. Show how Foley Distribution Service will report Accounts Receivable on December 31, 2020, balance sheet 3. Suppose all the facts of this situation are the same except that Allowance for Double Accounts a $1.200 bit balance Calculate the amount of adjusting entry Requirement 1. Journalize the adjusting entry for doubtful accounts based on the aging schedule. Show the Taccount for the allowance at December 31, 2020 Begin by joumalizing the adjusting entry (Record debits first, then credit Exclude explanations from journal entries.) Journal Entry Date Accounts Det Credit Doc 31