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Calculate the total estimated bad debts based on the belowinformation. Prepare the year-end adjusting journal entry to record the bad debts using the aged uncollectible

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Calculate the total estimated bad debts based on the belowinformation. Prepare the year-end adjusting journal entry to record the bad debts using the aged uncollectible accounts receivable determinnd above. Assumv the unadjusted balance in Allowance for Doubtful Accounts is a 53,700 debit. (Lbt debit entry before cedit entry. Credit occount tities are dutomatically indented when amount is entered. Do not indent monually If no entry is required, select "No Enty" for the account titles and enter O for the amounts.)

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