Presented below is an aging schedule for Pharoah Company at December 31, 2021. Number of Days Past Due Not Yet Due 61-90 Over 90 1-30 $ 8,400 31-60 $13,600 Customer Aneesh Bird Cope De Spears Others Total $ 22,000 30,400 46,800 35,600 115,300 $250,100 $ 30,400 4,600 4,900 $37,300 $35,600 65,700 $100,700 36,300 $49,600 13,300 $26,900 $37,300 $35,600 3% 7% 11% 24% 58% Estimated percentage uncollectible Total estimated bad debts $ 39,052 $ 3,021 $3,472 $2,959 $ 8,952 $20,648 At December 31, 2021, the unadjusted balance in Allowance for Doubtful Accounts is a credit of $8,300. Journalize the adjusting entry for bad debts at December 31, 2021. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit LINK TO TEXT Post the adjusting entry for bad debts at December 31, 2021. Bad Debts Expense Allowance for Doubtful Accounts