Lints Recevable balance of GPC Technology is $205,000. The Allowance for Bad Debts account has a $14,640 debit balance. GP is accounts receivable: ing schedule.) sting entry for bad debts on the basis of the aging schedule. Show the T-account for the Allowance for Bad Debts at December 3 will report its not accounts receivable on its December 31, 2018, balance sheet. sar-end adjusting entry for bad debts on the basis of the aging schedule. Show the T-account for the Allowance for Bad Debts at Tad Data Table X 5 Age of Accounts 1-30 Days 31-60 Days 61-90 Days Over 90 Days 80,000 $ 55,000 $ 50,000 $ 20,000 0.3% 5.0% 8.0% 49.0% Accounts Receivable Estimated percent uncollectible he last line o ant do Print Done our At December 31, 2018, the Accounts Receivable balance of GPC Technology is $20.000. The Allowance for Dad Dubte account hea 514140 debit balance OPC Technology prepares following aging schedule for its accounts receivable che the loan toweging schedule Requirements Journaize nie year-end adjusting entry for bad debts on the basis of the maing sthedule. Show the Taccount for the Allowance for Bed Debts at Dnoomber 31, 2018 2 Show how GPC Technology wil report is not accounts retable on its December 31, 2018, balance sheet Requirement 1, Journize the year and adjusting entry for bed detta on the basis of the aging schedule. Show the Taccount for the Allowance for at Debts at Doomber 31, 2018 Begin by determining the target balance of Alowance for Bad Debts by using the age of each account Age of Accounts 1-30 81-90 Over 50 Total Day Dava Days Days Balance Accounts Receivable 5 30.000 $ 55.000 $50.000 20,000 Estimatet percent uncodectible 03 400 Estimated total uncollectible Journalize the year-end adjusting entry for bad debts on the basis of the aging schedule. (Record diets first, then credit telect the explanation on the last line of the Journal artryti. Check your soling carefully and do not obit) Date Accounts and Explanation Debat Cru Dec 31 30 Show the T-account for the Allowance for Bad Debts at December 31, 2018 Allowance for Bad Dobts Requirement 2. Show how GPC Technology will report its not accounts receivable on its December 31, 2018, balance sheet. Balance Sheet (Partial): Current Assets