Sheridan Company had a 5644 credit balance in Allowance for Doubtful Accounts at December 31, 2020, before the current year's provision for uncollectible accounts. An aging of the accounts receivable revealed the following: Estimated Percentage Uncollectible $110.400 1 % Current Accounts 1-30 days past due 31-60 days past due 18.400 3 % 9.200 6 % 9.200 61-90 days past due 12 % 7.000 Over 90 days past due 30 % $154.200 Total Accounts Receivable (a) Prepare the adjusting entry on December 31, 2020, to recognize bad debt expense. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entry before credit entry) Credit Debit Account Titles and Explanation