lda company useste aging approach to estate bad debt e pense. Teending balance of each ao our tre ei a le is aged on the basis of three time pe o ds as lo s not yet due sooo up to days past due $14.00 and 3 e tan 180 days pastdue S4,000 Experie ce has sho n at for each age g , the n en e oss rate on the amount of the ace ties at yerenndto un o e bl y s percent, (2) 12 percent, and (3) 30 peroent, respectively. All December 31, the end of the curment year, the Allowance for Douberud Accounts balance is $200 (credit) before the end-af-period adjusting entry is made Required: 1. Prepare the appropriate bad debt expense adjusting jounal entry for the current year (Iif no entry is required for a transaction/event, select "No journal entry required" in the first account field.)