Given Data: December 31, 2020 Accounts Receivable $1,510,000 Age of Accounts Receivable Other information: Not due (under 30 days) 715,000 1 to 30 days past due 152,000 31 to 60 days past due 97,000 25,000 61 to 90 days past due Over 90 days past due Expected Percentage Uncollectible 1.25% 2.00% 6.50% 33.00% 50.00% Unadjusted Allowance for Doubtful Accounts (debit balance) on December 31, 2020 $9,800 Calculation of the required balance of the allowance: Not due (under 30 days) B (AxB) $ -0- 0.00% $ 1 to 30 days past due -0- 0.00% 31 to 60 days past due -0- 0.00% -0- 61 to 90 days past due -0- 0.00% -0- Over 90 days past due -0- 0.00% -0- Total $ -0- credit Part 2 Date Dec. 31 Account Titles and Explanation Debit Credit To record bad debt expense for 2020