Presented below is an aging schedule for Wildhorse Co. at December 31, 2021. Number of Days Past Due Not Yet Over Total Due 1-30 31-60 61-90 90 $ 24,800 $ 9,000 $15,800 28,000 $28.000 Customer Aneesh Bird Cope 47,800 5.400 5,300 $37.100 DeSpears 40,300 $40,300 Others 109.700 65,400 31.700 12600 $250.600 $98,800 $46,000 $28.400 $37.100 $40,300 Estimated percentage 3X 6% 11% 25% 66% uncollectible Total estimated bad debts $44.721 $2.964 $2.760 $3.124 $9.275 $26,598 At December 31, 2021, the unadjusted balance in Allowance for Doubtful Accounts is a credit of $7,600 Journalize the adjusting entry for bad debts at December 31, 2021. (Credit account titles are automatically indented when amount is entered. Do not intent manually 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 Credit Debit e Textbook and Media List of Accounts Post the adjusting entry for bad debts at December 31, 2021. Bad Debts Expense Allowance for Doubtful Accounts Journalize the 2022 transactions: (Credit account titles are automatically indented when amount is entered. Do not indent manually.) 1. March 1, a $660 customer balance originating in 2021 is judged uncollectible. 2. May 1, a check for $660 is received from the customer whose account was written off as uncollectible on March 1. No. Date Account Titles and Explanation Debit Credit 1 2. V (To reinstate account previously written off) Journalize the 2022 transactions: (Credit account titles are automatically indented when amount is entered. Do not indent manually) 1. March 1, a $660 customer balance originating in 2021 is judged uncollectible. 2. May 1, a check for $660 is received from the customer whose account was written off as uncollectible on March 1. No. Date Account Titles and Explanation Debit Credit 1 2. (To reinstate account previously written off)