Company has the following unadjusted account balances at December 31, of the current year. Accounts Receivable of $185,700 and Allowance for Doubtful Accounts of $ 1,600. This company uses the aging, of accounts receivable method to estimate its bad debts. The following aging schedule reflects its accounts receivable at the current year-end: Calculate the amount of the Allowance for Doubtful Accounts that should appear on the December 11 current year balance sheet. Prepare the adjusting journal entry to record had debts expense for the current year. Calculations: Adjusting Entry