Falling Leaves Furniture Restoration 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 Falling'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 Next question Requirement 1. Journals Falling's entry to recond bad debts expense for 2024 using the aging-of-receivables method Date Dac 31 Accounts Debit Requirement 2. Prepare a T-account to compute the ending balance of Allowance for Bad Dets Aliowance for Bad Des Credit Data table Data table Accounts Receivable 76,000 Allowance for Bad Debts 1629 Print Done Age of Accounts Receivable 9-60 Days Accounts Receivable 1 31.000 Estimated percent uncollect 3% Over 60 Day 5,000 -225 Total Receivables 75.000 - X Falling Leaves Furniture Restoration 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 Falling'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. Page 1 of 1 Requirement 1. Journalize Falling's entry to record bad debts expense for 2024 using the aging-of-receivables method. ( Date Dec. 31 Accounts Debit Data table Cred Data table Accounts Receivable 76,000 Allowance for Bad Debts 1429 Print Done Age of Accounts Receivable 0-60 Days Over 60 Days Total Receivable Requirement 2. Prepare a T-account to compute the ending balance of Allowance for Bad Debts Accounts Receivable $ Estimated percent uncollectible 21,000 -39 $ 5.000 S 76.000 -22% Allowance for Bad Debts Print Done