Presented below is an aging schedule for Pearl Industries at December 31, 2021.

Customer		Total		Not Yet Due		Number of Days Past Due
						130		3160		6190		Over 90
Aneesh		$ 22,000				$ 8,200		$13,800
Bird		30,500		$ 30,500
Cope		46,000		5,300		4,500				$36,200
DeSpears		36,200										$36,200
Others		126,000		78,500		34,400		13,100
		$260,700		$114,300		$47,100		$26,900		$36,200		$36,200
Estimated percentage uncollectible				3%		7%		13%		26%		62%
Total estimated bad debts		$ 42,079		$ 3,429		$3,297		$3,497		$ 9,412		$22,444

At December 31, 2021, the unadjusted balance in Allowance for Doubtful Accounts is a credit of $7,500.

Journalize the adjusting entry for bad debts at December 31, 2021 AND Post the adjusting entry for bad debts at December 31, 2021.AND Journalize the 2022 transactions: (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

1.	March 1, a $620 customer balance originating in 2021 is judged uncollectible.
2.	May 1, a check for $620 is received from the customer whose account was written off as uncollectible on March 1.

AND

Post to the allowance account these 2022 events. AND

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 $1,200 and the aging schedule indicates that total estimated bad debts will be $38,400.