Flyzopen Limited had a $900 credit balance in Allowance for Doubtful Accounts at December 31, 2022, before the current year's provision for uncollectible accounts. An aging of the accounts receivable revealed the following: Estimated Percentage Uncollectible Current Accounts $150,000 1% 1-30 days past due 15,000 2% 31-60 days past due 10,000 6% 61-90 days past due 7,000 12% Over 90 days past due 10,000 30% Total Accounts Receivable $192,000 

Required: 

(a) Prepare the adjusting entry on December 31, 2022, to recognize bad debts expense.

(b) Assume the same facts as above except that the Allowance for Doubtful Accounts account had a $900 debit balance before the current year's provision for uncollectible accounts. Prepare the adjusting entry for the current year's provision for uncollectible accounts.