Need solution and explanation for the following questions.

Will give high rating if answer is quick and accurate.

At June 30, Golden Valley Ltd, prepared the following aging schedule: Complete the aging schedule. Number of Days Outstanding Accounts Receivable Estimated % Uncollectible Total Estimated Uncollected Accounts 0-45 days $734,000 2% $ 14680 46-90 days 265,000 5% 13250 Over 90 days 106,000 15% 15900 Total $ 1,105,000 $ HA 43830 Prepare the adjusting journal entry to record bad debts expense at June 30 assuming that Golden Valley's allowance for doubtful accounts had a credit balance of $ 12,120 before adjustment. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit June 30 Bad Debts Expense Allowance for Doubtful Accounts Question Part Score /2 Prepare the adjusting journal entry to record bad debts expense at June 30 assuming that Golden Valley's allowance for doubtful accounts had a debit balance of $ 9,220 before adjustment. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Debit Credit Date Account Titles and Explanation June 30