Score: 0 of 1 pt 4 of 8 (0 complete) S9-8 (similar to Falling Leaves Furniture Restoration had the following balances at December 31, 2016, before the year-end adjustments: (Click the icon to view the balances and accounts receivable aging schedule.) Requirements 1. Journalize Falling's entry to record bad debts expense for 2016 using the aging-of-receivables method. 2. Prepare a T-account to compute the ending balance of Allowance for Bad Debts. Requirement 1. Journalize Falling's entry to record bad debts expense for 2016 using the aging-of-receivables method. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Date Accounts Debit Credit Dec. 31 i Data Table Accounts Receivable 78,000 Allowance for Bad Debts 1.002 The aging of accounts receivable yields the following data: Age of Accounts Receivable 0-60 Days Over 60 Days Total Receivables Accounts Receivable $73.000 $3,000 $78,000 Estimated percent uncollectible x 2% x 16% Print Done