The following transactions occurred over the months of September to December at Nicole's Getaway Spa (NGS). SeptemberSold spa merchandise to Ashley Welch Beauty for $2,300 on account; the October Sold merchandise to Kelly Fast Nail Gallery for $650 on account; the cost of November Sold merchandise to Raea Gooding Wellness for $500 on account; the cost December Received $1,500 from Ashley Welch Beauty for payment on its account. cost of these goods to NGS was $1,100. these goods to NGS was $300. of these goods to NGS was $290. 2. Estimate the Allowance for Doubtful Accounts required at December 31, assuming the only receivables outstanding at December 31 arise from the transactions listed above. NGS uses the aging of accounts receivable method with the following uncollectible rates: one month, 3%; two months, 5%; three months, 20%; more than three months, 30%. Estimated Uncollectible One Month Two Months Three Months More than Three Months Total 3. The Allowance for Doubtful Accounts balance was $57 (credit) before the end-of- period adjusting entry is made. Prepare the journal entry to account for the Bad Debt Expense. (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 for bad debts using the aging of accounts receivable. Note: Enter debits before credits. Transaction General Journal Debit Credit Bad Debt Expense Allowance for Doubtful Accounts