Casilda Company uses the aging approach to estimate bad debt expense. The ending balance of each account receivable is aged on the basis of three time periods as follows: (1) not yet due, $51,000, (2) up to 180 days past due, $14,200, and (3) more than 180 days past due, $5,400. Experience has shown that for each age group, the average loss rate on the amount of the receivables at year-end due to uncollectibility is (1) 3 percent, (2) 11 percent, and (3) 30 peroent, respectively. At December 31, end of the current year, the Allowance for Doubt Accounts balance is $500 (credit) before the end-of-period adjusting entry is made. 1. Prepare the appropriate bad debt expense adjusting jourmalentry for the current year. (of no entry is required for a transaction'event, select 'No journal entry requiredither account field.) View transaction list Journal entry worksheet Record the adjusting journal entry for bad debt expense. 9 4