e basis of the aging schedule. Show the T-account for the Allowance for Bad Debts at December 31, 2018. ng the age of each account counts X i Data Table Age of Accounts 31-60 Days Over 90 Days 1-30 Days 61-90 Days 25,000 Accounts Receivable 75,000 $ 15,000 $ 70,000 $ Estimated percent uncollectible 0.5% 3.0 % 9.0 % 50.0 % Done Print Print Done Homework: Chapter 8 Homework Save Score: 0 of 15 pts 3 of 6 (2 complete) HW Score: 17.18%, 17.18 of 100... E8-20 (similar to) Question Help At December 31, 2018, the Accounts Receivable balance of CVM Manufacture is $185,000. The Allowance for Bad Debts account has a $14,950 debit balance. CVM Manufacture prepares the following aging schedule for its accounts receivable: E (Click the icon to view the aging schedule.) Read the requirements. Requirement 1. Journalize the year-end adjusting entry for bad debts on the basis of the aging schedule. Show the T-account for the Allowance for Bad Debts at December 31, 2018. Begin by determining the target balance of Allowance for Bad Debts by using the age of each account Requirements 1. Journalize the year-end adjusting entry for bad debts on the basis of the aging schedule. Show the T-account for the Allowance for Bad Debts at December 31, 2018. 2. Show how CVM Manufacture will report its net accounts receivable on its December 31, 2018, balance sheet Accounts Receiv Estimated percer Estimated total u Done Print