The following summarizes the aging of accounts receivable for Johnston Supplies, Inc. as of July 31, 2016: ays Unpaid otal Accounts Historical % uncollectible Receivable $127,400 590,100 54,500 532,700 3% 13% 19% 3396 Not yet due 1-30 days past due 1-80 days past due Over 60 days past due Required: a. The unadjusted balance of the Allowance for Doubtful Accounts of Johnston Supplies, Inc. is a credit balance in the amount of $29,217 on July 31, 2016. Prepare the required adjusting entry to record Bad Debt Expense for the year. (if no entry is required for a transaction event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record the adjusting entry to record bad debt expense for the year July 31, 2016. Note: Enter debits berore credits. Date General Journal Debit Credit July 31, 2018 Record entry Clear entry View general journal