P8.3A Presented below is an aging schedule for Bryan Company at December 31, 2021. Customer Aneesh Bird Cope DeSpears Others TOTALS Estimated percentage uncollectible Total estimated bad debts Total Not Yet Due Number of Days Past Due 1-30 31-60 61-90 Over 90 24,000 $ 9,000 $ 15,000 30,000 S 30,000 50,000 5,000 5,000 S 40,000 38,000 S 38,000 120,000 72,000 35,000 13,000 3 262,000 $ 107,000 $ 3% 49,000 $ 7% 28,000 $ 12% 40,000 $ 24% 38,000 60% $ 42,400 $ 3,210 S 3,430 S 3,360 S 9,600 $ 22,800 At December 31, 2021, the unadjusted balance in Allowance for Doubtful Accounts is a credit of $8,000. Instructions a. Journalize and post the adjusting entry for bad debts at December 31, 2021. (Use T-accounts.) b. Journalize and post to the allowance account these 2022 events and transactions: 1. March 1, a $600 customer balance originating in 2021 is judged uncollectible and written off. 2. May 1, a check for $600 is received from the customer whose account was written off as uncollectible on March 1. [TWO ENTRIES] c. Journalize the adjusting entry for bad debts at December 31, 2022, 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.