Problem 9-03A a-c Presented below is an aging schedule for Blue Company. Customer Anders Blake Coulson Deleon Others Number of Days Past Due Not Over Total Yet Due 1-30 31-60 61-90 90 $ 22,100 $11,100 $11,000 40,100 $ 40,100 57,800 16,600 6,400 $34,800 33,500 $33,500 132,200 95,300 17,100 14,600 5,200 $285,700 $152,000 $34,600 $25,600 $34,800 $38,700 1% 5% Estimated Percentage Uncollectible Total Estimated Bad Debts 14% 26% 52% $36,006 $ 1,520 $ 1,730 $ 3,584 $ 9,048 $20,124 At December 31, 2020, the unadjusted balance in Allowance for Doubtful Accounts is a credit of $13,000. Date Account Titles Joumalize and post the adjusting entry for bad debts at December 31, 2020. (Credit account titles are aute- Journalize and post the adjusting entry for bad debts at December 31, 2020. (Credit account titles are automatically indem Debit Credit Date Account Titles Dec. 31 Bad Debt Expense Allowance for Doubtful Accounts Debit Credit Balance Bad Debts Expense Date Explanation Ref. Dec. 31 Adjusting Allowance for Doubtful Accounts Date Explanation Ref. Dec. 31 Balance Debit Credit Balance Dec. 31 Adjusting SHOW LIST OF ACCOUNTS LINK TO TEXT fyents and transactions in the year 2021. (Credit account Joumalire and post to the allowance account the following events and transactions in the year 2021. (Credit account titles are automatically indented when am 1. On March 31, a $1,100 customer balance originating in 2020 is judged uncollectible. 2. On May 31, a check for $1,100 is received from the customer whose account was written off as uncollectible on March 31. Debit Credit NO Date Account Titles and Explanation Mar. 31 Allowance for Doubtful Accounts 1. Accounts Receivable May 31 Accounts Receivable Allowance for Doubtful Accounts (To reverse write of May 31 Cash Accounts Receivable (To record collection of write off.) Debit Credit Allowance for Doubtful Accounts Date Explanation Ref. Dec 31, 2020 Balance Dec 31, 2020 Adjusting Balance 13,000 36,006 23,006 Mar. 31, 2021 May 31, 2021 SHOW LIST OF ACCOUNTS LINK TO TEXT