Question 1 916U View Policies Current Attempt in Progress Presented below is an aging schedule for Ivanhoe Company at December 31, 2021. Number of Days Past Due Over 31-60 61-90 90 Not Yet Due Customer Total 1-30 Aneesh $23.700 $8.700 $15.000 Bird 27.900 $27.900 Cope 53,500 4,900 4.900 $43,700 De Spears 38,500 $38,500 Others 126,300 77.500 36,600 12,200 $269,900 $110,300 $50.200 $27,200 $43.700 $38.500 Estimated percentage uncollectible 3% 8% 12% 24% 61% Total estimated bad debts $ 44,562 $3,309 $4016 $3.264 $10,488 $23,485 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 Post the adjusting entry for bad debts at December 31, 2021. Bad Debts Expense Allowance for Doubtful Accounts SISU e Textbook and Media 12/31 List of Accounts 12/31 Bal 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. Debit Credit No. Date Account Titles and Explanation 1. 2. Mar. 1 (To reinstate account previously written off) May 1 Dec. 31 Post to the allowance out these 2022events Portes in the end of juistheir Allowance for Doubtful Accounts 12/31 Bul. 2001 7900 36.562 44562 12/31 Bal 2022 eTextbook and Media List of Accounts Jumaltheatre entry for bad debts at December 31, 2012, muming that the red balance in Allowance for Dolchade of 1.200 and the schedule indicates that total estimated that we re ocelyne who is Doroinde Account Titles and Explanation Debat Credi e Textbook and Media