journalize the adjusting entry for bad debt at December 31, 2022, assuming that the unadjusted balance in Allowance for Doubtful accounts is a debit of $1,600 and the aging schedule indicates that total estimated bad debt will be 34,100.

(c) Journalize the adjusting entry for bad debts at December 31, 2022, assuming that the unadjusted balance in Allowance for Doubtful Accounts is a debit of $1,600 and the aging schedule Indicates that total estimated bad debts will be $34 100. (Credit account titles are automatically indented when amount is entered. Do not Indent manually) Account Titles and Explanation Debit Credit Textbook and Media List of Accounts Your answer has been saved. See score details after the due date Post to the allowance account these 2022 events. (Post entries in the order of journal entries posted in the previous part.) Allowance for Doubtful Accounts 2021 12/31 Bal 8,800 12/31 32,579 2022 12/31 Bay 41,379 3/1 630 5/1 630 e Textbook and Media List of Accounts Presented below is an aging schedule for Novak Corp. at December 31, 2021. Number of Days Past Due Customer Total Not Yet Due 1-30 31-60 Over 90 61-90 Aneesh $ 24,800 $9,600 $15,200 Bird 28,200 $ 28,200 Cope 52,500 4,500 4.500 $43.500 DeSpears 34,500 Others $34 500 118.800 71,100 35,100 12,600 $258,800 $103,800 $49.200 $27.800 $43.500 $34,500 Estimated percentage uncollectible Total estimated bad debts 396 7% 12% 24% 6196 $ 41,379 $3.114 $3,444 53,336 $ 10,440 $21.045 At December 31, 2021, the unadjusted balance in Allowance for Doubtful Accounts is a credit of $8,800