Presented below is an aging schedule for Shamrock, Inc. at December 31, 2021. Number of Days Past Due Customer Not Yet Total Due 1-30 31-60 Over 90 Aneesh 61-90 $ 24,300 $8,800 $15,500 Bird 27,800 $ 27,800 Cope 52.100 4,600 5.100 DeSpears $42.400 40,000 Others $40,000 124,300 73,400 37,800 13.100 $268,500 $105,800 $51.700 $28,600 $42.400 $40,000 Estimated percentage uncollectible Total estimated bad debts 3% 6% 13% 25% 58% $43,794 $3.174 $3,102 $3,718 $ 10,600 $23,200 At December 31, 2021, the unadjusted balance in Allowance for Doubtful Accounts is a credit of $8,400. 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 Bad Debt Expense 32851 Allowance for Doubtful Accounts 32851 e Textbook and Media I let of renunt Post the adjusting entry for bad debts at December 31, 2021. Bad Debts Expense 12/31 32851 12/31 Bal. 32851 Allowance for Doubtful Accounts 12/31 Bal TOO 12/31 12/31 Bal 1. March 1, a $540 customer balance originating in 2021 is judged uncollectible. 2. May 1, a check for $540 is received from the customer whose account was written off as uncollectible on March 1. Date Credit Debit Account Titles and Explanation 660 Mar. 1 Allowance for Doubtful Accounts 66 Accounts Receivable May 1 Accounts Receivable 660 66 Allowance for Doubtful Accounts (To reinstate account previously written off) Cash 660 Accounts Receivable 66 Post to the allowance account these 2022 events. (Post entries in the order of journal entries posted in the previous part) Allowance for Doubtful Accounts 2021 12/31 Bal 8,400 12/31 35,394 12/31 Bal. 43,794 2022 3/1 5/1 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 $1,600 and the aging schedule indicates that total estimated bad debts will be $33,600. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and explanation Debit Credit Bad Debt Expense 41700 41700 Allowance for Doubtful Accounts