25 QUESTION 12 The schedule of aging accounts for a company at the end of the year 2020. appears below. Accounts Receivable Estimate of Bad Debt Current $40.000 1-30 days overdue 4,000 79% 31.80 days overdue 5,100 16% More than 60 days overdue 2.000 2294 Total 51,500 The allowance was estimated by using the schedule of ageing accounts. The allowance account had a debit balance of $800, before the estimate was made Required: Prepare the adjusting entry to record bad debtri exponse for 2020 (SHOW YOUR CALCULATIONS) For the toolbar, press ALT F10 (PO) O ALTIN 10 (Mad BIUS Paragraph Arial 10pt T X ili Ti A 2 a t