Presented below is an aging schedule for Flounder plc.

						Number of Days Past Due
Customer		Total		Not Yet Due		130		3160		6190		Over 90
Anders		$ 29,700				$12,600		$17,100
Blake		42,900		$ 42,900
Cyrs		61,800		19,500		7,200				$35,100
De Jong		35,000										$35,000
Others		136,400		96,900		18,000		15,300				6,200
		$305,800		$159,300		$37,800		$32,400		$35,100		$41,200
Estimated percentage uncollectible				2%		5%		14%		25%		60%
Total estimated bad debts		$ 43,107		$ 3,186		$ 1,890		$ 4,536		$ 8,775		$24,720

At December 31, 2017, the unadjusted balance in Allowance for Doubtful Accounts is a credit of $10,030.

Presented below is an aging schedule for Flounder plc. 3 Journalize and post to the alowance account the following events and transactions in the year 2018. (Credit account titles are (1) March 1, a $1,210 customer balance originating in 2017 is judged uncollectible. (2) May 1, a check for $1.210 is received from the customer whose account was written off as uncollectible on March 31. No. Date Account Titles and Explanation Debit 1 Customer Anders Blake Cyrs De Jong Others Number of Days Past Due Not Total 1-30 31-60 61-90 Over 90 Yet Due $ 29,700 $12,600 $17,100 42,900 $ 42,900 61,800 19,500 7,200 $35,100 35,000 $35,000 136,400 96,900 18,000 15,300 6,200 $305,800 $159,300 $37,800 $32,400 $35,100 $41,200 29 % % 5% 14% 25% 60% $ 43,107 $ 3,186 $ 1,990 $ 4,536 $ 8,775 $24,720 (2) (To record recovery of bad debts). Estimated percentage uncollectible Total estimated bad debts (To record amount received) At December 31, 2017, the unadjusted balance in Allowance for Doubtful Accounts is a credit of $10,030. Ret Debit Credit Balance Allowance for Doubtful Accounts Date Explanation 2017 Dec. 31 Balance Dec. 31 Adjusting 2018 Journalize and post the adjusting entry for bad debts at December 31, 2017. (Credit account titles are automatically inc 33,077 10,030 43, 107 Debit Credit 2 Date Account Titles and Explanation Dec 31 Debit Credit Balance Journalize the adjusting entry for bad debts on Badebt Expense Date Explanation Rel Dec. 31 Adjusting Allowance for Doubtful Accounts Date Explanation Rel Dec 31 Balance 4 December 31, 2018. Assume that the unadjusted Debit Credit Balance balance in Allowance for Doubtful Accounts is a debit of $850 and the aging schedule indicates that total estimated bad debts will be $32,100. Date Account Titles and Explanation Debit Dec. 31 Credit Dec 31 Adjusting