Chocolate Obsession had the following balances at December 31, 2024, before the year-end adjustments (Click the icon to view the balances.) The aging of accounts receivable yields the following data: (Click the icon to view the accounts receivable aging schedule.) Requirements 1. Journalize Chocolate's entry to record bad debts expense for 2024 using the aging-of-receivables method. 2. Prepare a T-account to compute the ending balance of Allowance for Bad Debts CID Requirement 1. Journalize Chocolate's entry to record bad debts expense for 2024 using the aging-of-receivables method. (Record de Date Dec 31 Accounts Debit Credit Data table Data table Accounts Receivable 79,000 Allowance for Bad Debts 1,500 Print Done Age 0-60 Days of Accounts Recelm Over 60 Days Accounts Receivable $ 75,000 $ 4,000 Estimated percent uncollectible .2% -20%