Problem 8-3A (Part Level Submission) Presented below is an aging schedule for Larkspur, Inc.. Not Yet Due Number of Days Past Due Over 1-303 1-60 61-90 90 $11,800 $14,000 Customer Anders Blake Coulson Deleon Others Total $ 25,800 40,400 58,400 33,200 133,400 $291,200 $ 40,400 16,800 5,800 $35,800 97,000 $154,200 16,300 $33,900 13,800 $27,800 $33,200 6,300 $39,500 $35,800 3% 6% 14% 24% 49% Estimated Percentage Uncollectible Total Estimated Bad Debts $ 38,499 $ 4,626 $2,034 $3,892 $8,592 $19,355 At December 31, 2019, the unadjusted balance in Allowance for Doubtful Accounts is a credit of $11,600. (a) Your answer is partially correct. Try again. Journalize the adjusting entry for bad debts at December 31, 2019. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles Debit Credit Mar. 31, 2019 Bad Debt Expense 26899 | Allowance for Doubtful Accounts 26899 Post the adjusting entry for bad debts at December 31, 2019. Bad Debt Expense T 12/31/20 Bal. 26899 12/31/20 Bal. 6899 Allowance for Doubtful Accounts 12/31/19 Bal. 7500 12/31/20 Adj. 30999 38499 n: Open Show Work 3/31/19 Adj. 5/31/19 Adj. 12/31/19 Adj. Click if you would like to Show Wor 12/31/19 Bal. 3/31/20 5/31/20 SHOW LIST OF ACCOUNTS 12/31/20 Adj. 12/31/20 Bal. LINK TO TEXT VIDEO SIMILAR PROBLEM VIDEO: SIMILAR