P8.3. Journalize transactions related to bad debts. Presented below is an aging schedule for Bryan Company at December 31, 2024. At December 31, 2024, the unadjusted balance in Allowance for Doubtful Accounts us a credit of $8,000. Instructions a. Journalize and post the adjusting entry for bad debts at December 31, 2024 (use Taccounts.) b. Journalize and post to the allowance account these 2025 events and transactions. 1. March 1, a $600 customer balance originating in 2024 is judged uncollectible. 2. May 1, a check for $600 is received from the customer whose account was written off as uncollectible on March 1. c. Journalize the adjusting entry for bad debts at December 31, 2025, assuming that the unadjusted balance in Allowance for Doubtful Accounts is a debit of $1,400 and the aging schedule indicates that total estimated bad debts will be $36,700. NOTE: Enter a formula, a cell reference, or a value (if you are unable to reference a cell), into the yellow shaded input cells. a. Dec 31 a. \& b. \begin{tabular}{l|l|l|l|} \hline \multicolumn{3}{c|}{ Bad Debt Expense } \\ \hline 12/31 & & & \\ \hline 12/31/24 Bal. & & & \\ & & & \end{tabular} Allowance for Doubtful Accounts b. 1. Mar. 1 b. 2. May 1 \begin{tabular}{|l|l|} \hline \multicolumn{2}{|c|}{} \\ \hline & \\ \hline \end{tabular} c. Dec 31