Help Save & Fit Sunt thrown Cow Day the aging approach to estimate Bad Debit pense. The balance of each account receivable is aged on the basis of three time periods as follow (01-30 days old $7.000,021-90 days old, 55.000, and more than 90 days old $2,000 For each age group, the average foute on the amount of the receivable due to uncollectibility is estimated to be (5 percent, (210 percent, and a 20 percent, espectively. At December end of the current years, the Allowance for Doubtful Account balance wos $800 (cred before the end of period adjusting entry is made Required: 1. Prepare a schedule to estimate an appropriate year end balance for the Allowance for Doubtful Accounts 2. What amount of Bad Det Expense should be recorded on December 3. the edited balance in the lowance for Dout Accounts was 5000 detit balance what wount of God Debl Expense should be recorded on December / Y F L B N M All Curl Help Save & Exit Subir Brown Cow Dairy uses the aging approach to estimate Bad Debt Expense. The balance of each account receivable is aged on the basis of three time periods as follows: (1-30 days old. $12.000 (2) 31 90 days old. $5.000, and (3) more than 90 days old $3,000 For each age group, the average loss rate on the amount of the receivable due to uncollectibility is estimated to be (0) 5 percent. (2) 10 percent, and (3) 20 percent, respectively. A December 31 (end of the current year), the Allowance for Doubtful Accounts balance was $800 (cedit) before the end of period adjusting entry is made Required: 1. Prepare a schedule to estimate an appropriate your end balance for the Allowance for Doubtful Accounts 2. What amount of Bad Debt Expense should be recorded on December 317 3. It the unadjusted balance in the Allowance for Doubtful Accounts was a $600 debit balance, what amount of Bad Debit Expense should be recorded on December Complete this question by entering your wwwers in the tabs below > What amount of bad bol od be recorded on December 31