P8-3A Presented below is an aging schedule for Halleran Company Journalize entria transactions rel debts. Worksheet.xls (LO 2) Home Insert Page Layout Formulas Data Reylew View P18 XLS A B C D E F G 1 Number of Days Past Due Not Yet Due 3 Customer Anders Blake 6 Total $ 22,000 40,000 57,000 1-30 31-60 61-90 Over 90 4 $10,000 $12,000 $ 40,000 16,000 Coulson 7 6,000 $35,000 Deleon Others 9 34,000 132,000 $285,000 $34,000 8 96,000 $152,000 16,000 $32,000 14,000 $26,000 6,000 $40,000 $35,000 Estimated 10 Percentage Uncollectible Total Estimated 3% 6 % 13% 25% 50% 11 Bad Debts $ 4,560 S 1,920 $ 3,380 $ 8,750 $ 38,610 $20,000 12 At December 31, 2017, the unadjusted balance in Allowance for Doubtful Accounts is a credit of $12,000. Instructions (a) Journalize and post the adjusting entry for bad debts at December 31, 2017 (b) Journalize and post to the allowance account the following events and transactions in the year 2018. (1) On March 31, a $1,000 customer balance originating in 2017 is judged uncollectible. (2) On May 31, a check for $1,000 is received from the customer whose account was written off as uncollectible on March 31. (a) Bad debt exp (c) Journalize the adjusting entry for bad debts on December 31, 2018, assuming that the unadjusted balance in Allowance for Doubtful Accounts is a debit of $800 and the aging schedule indicates that total estimated bad debts will be $31,600. (c) Bad debt exs eae tbo allouonce mathod to actimato uncolloctiblo noaounto moooi