November 30 Adjusting Entries.

- During Bank Reconcilation in November, a NSF cheque was received in October from Corp. A for a sale dated October 15 valued at $36,572.

- Post-Closing Trial Balance - October 31 had Allowance for Doubtful Accounts (AFDA) credit balance of $16,740

- Unadjusted Trial Balance - November 30 had the following information:

Accounts Receivable: debit balance of $993,600 for merchandise sold on credit on November 30th.

AFDA: debit balance of $122,760 on November 30 after write-offs of $139,500 between the post-closing and unadjusted trial balance for uncollectible amounts.

Now we are told management estimates uncollectible accounts receivable based on the following rates of uncollectibility applied to outstanding accounts: Not yet due (2%), 1-30 days past due (9%), 31-60 days past due (18%), Greater than 61 days past due (60%). Since this is an estimate please round your final answer to the nearest whole dollar.

Make the following adjusting journal entry to bad debt expense and allowance for doubtful accounts with this information that may or may not be relevant.

Date		Amounts
Nov 30	Bad Debt Expense	???
	Allowance for Doubtful Accounts	???