Nolan Company had total credit sales for the past year of $800,000. As of year end, but before estimating bad debts, the company had a $70,000 debit balance in accounts receivable and a $600 debit balance in the Allowance for Uncollectible Accounts Upon examination of the accounts receivable, it was found that 55% of the balance was 1-30 days ond 30% was 31-60 says si, 9% were 61-00 days hd, and 6% were over 90 days uld. Nolan Company estimates the following bad debts percentages 1-30 days 10% 31-40 days 25% 61-90 days 40% Over 90 days 80% which of the following is the journal erary necessary to estimate bad debes using the aging method? Your answer: Bad Deb Expense 14,380 Accounts Receivable 14.30 Bad Deb Expe 14340 Allowance for Uscleble Accou 14380 Allowance for Uncallic Account Alle for collec Clear answer 143 1430 15.30 15580