At December 31, 2020, the Accounts Receivable balance of Stenner's Electronics is $300,000. The Allowance for Doubtful Accounts has a(n) $8,900 credit balance. Accountants for Stenner's 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 T-account for the allowance at December 31, 2020. 2. Show how Stenner's 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 $900 debit balance. Calculate the amount of the adjusting entry. Requirement 1. Journalize the adjusting entry for doubtful accounts based on the aging schedule. Show the T-account for the allowance at December 31, 2020. Begin by journalizing the adjusting entry. (Record debits first, then credits. Exclude explanations from journal entries.) Journal Entry Date Accounts Debit Credit Dec. 31 Bad Debt Expense 2,600 Allowance for Doubtful Accounts 2,600