Question 28 of 29 Wildhorse Co. had a $300 credit balance in Allowance for Doubtful Accounts at December 31, 2022 before the current year's provision for uncollectible accounts. An aging of the accounts receivable revealed the following Estimated Percentage Uncollectible Current Accounts 1-30 days past due 31-60 days past due 61-90 days past due Over 90 days past due Total Accounts Receivable * $130.000 18,500 14000 6,500 9,500 $178,500 3* 6 % 17 34 (a) Prepare the adjusting entry on December 31, 2022. to recognize bad debts expense. (Credit account titles are automatically indented when the amount is entered. Do not Indent manually Debit Credit Account Titles and Explanation