Brief Exercise 8-6 Lawn Imports prepared the aging schedule below at December 31. Complete the following aging schedule. Total Estimated Number of Days Accounts Estimated 0-30 days 31-60 days 61-90 days Over 90 days Total $397,000 115,000 73,000 1% 5% 11% 43,000 22% $62,000 Prepare the adjusting our al entry at December 31 to record bad debts expense, assumin that the allo ance account has a credit balance o 690 Credit account titles are automatically nde ted no entry is required, select "No Entry for the account titles and enter for the amounts.) hen t e amount is entered. Do 0t indent manual y If Date Account Titles and Explanation Debit Credit Dec. 31 Prepare the adusting journal entry at December 31 to record bad debts expense, assuming that the allowance account has a debit balance of $5,250. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Date Account Titles and Explanation Debit Credit Dec. 31