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Presented below is an aging schedule for Blossom Company at December 31, 2024. At December 31, 2024, the unadjusted balance in Allowance for Doubtful Accounts

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Presented below is an aging schedule for Blossom Company at December 31, 2024. At December 31, 2024, the unadjusted balance in Allowance for Doubtful Accounts is a credit of $7,600. Post the adjusting entry for bad debts at December 31, 2024. (Post entries in the order of journal entries presented in th previous part.) Journalize the 2025 transactions: (List all debit entries before credit entries. Credit account titles are automatically indented when omaunt is entered. Do not indent manmally. If no entry is required, select "No Entry" for the account tittes and enter 0 for the amounts.) 1. March 1, a $560 customer balance originating in 2024 is judged uncollectible. 2. May 1, a check for $560 is received from the customer whose account was written off as uncollectible on March 1. Post to the allowance account these 2025 events. (Post entries in the order of journal entries presented in the previous part. 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 $1,600 and the aging schedule indicates that total estimated bad debts will be $37,200. (1 ist debit entry before credit entry. If no entry is required, select "No Entry" for the acyount titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered Do not indent manually.)

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