Problem 8-03A Presented below is an aging schedule for Blossom Company at December 31, 2021. Number of Days Past Due Not Yet Due 61-90 Over 90 Customer Aneesh Bird 1-30 $ 9,400 31-60 $14,100 Total $ 23,500 28,400 48,900 39,100 118,900 $258,800 $ 28,400 4,600 5,000 Cope De Spears Others $39,300 $39,100 69,500 $102,500 35,300 $49,700 14,100 $28,200 $39,300 $39,100 3% 6% 12% 26% 55% Estimated percentage uncollectible Total estimated bad debts $ 41,164 $ 3,075 $2,982 $3,384 $10,218 $21,505 At December 31, 2021, the unadjusted balance in Allowance for Doubtful Accounts is a credit of $7,900. 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 LINK TO VIDEO Post the adjusting entry for bad debts at December 31, 2021. Bad Debts Expense Allowance for Doubtful 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.) 2. Marych, a 18010 customer 1. March 1, a $610 customer balance originating in 2021 is judged uncollectible. 2. May 1, a check for $610 is received from the customer whose account was written off as uncollectible on March 1. Date Account Titles and Explanation Debit Credit No. 1. (To reinstate account previously written off) 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 Bal. 7,900 12/31 12/31 33,264 12/31 Bal. 41,164 2022 LINK TO TEXT LINK TO VIDEO 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 $34,600. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit Click if you would like to Show Work for this question: Open Show Work