G On January 1, 2019, Joe's Cellphones had a debit Accounts Receivable balance of $ 150 000 and a credit balance in Allowance for doubtful accounts of $30 000. . During 2019, it had the following selected transactions: January 2 Sold on account $ 100 000 of merchandize to Fanzi. Cost of the goods sold: $50 000 January 30: Fanzi paid only $80 000 of his account receivable March 30: After repeated attempts to collect, Joe's wrote off its Account Receivable from Fanzi December 1: Joe's received a $20 000 cheque from Fanzi with his apologies for the late payment. December 31: Using the aging-of-accounts receivable, Joe's estimates its uncollectible accounts $ 40 000 . REQUIRED Journalize the Joe's Cell Phones transactions including the adjustment of the bad debt of December 31, 2019