Use the aging approach for uncollectible accounts. The October 1, 2020, records of First Data Communications include these accounts Accounts Receivable $230,000 Allowance for uncollectible accounts: $8,500 During the last quarter of 2020, the company completed the following selected transactions: 2020 Nov 30 Wrote off as uncollectible the $1,100 account receivable from Rainbow Carpets and the $600 accourceceivable from Show-N-Tell Antiques Dec 31 One of its customers, Pepler Ltd., agreed to sign a 60-day not receivable to replace the $1.500 accounts receivable due on that day. Al year-end the company ages receivables and adjusts the balance in Allowance for Uncollectible Accounts to correspond to the aging schedule. Age of Accounts 0-30 Days 31-60 Days 61-90 Days Over 90 Days $150,000 $40,000 $14,000 $25,000 Estimated uncollectible 0.2% 0.5% 5.0% 30.0% Requirements A) Record journal entries for transactions incurred in the fourth quarter provided above. Explanations are not required. Dates are required. B) Calculate the bad debt expense and allowance for doubtful accounts at yoar-end C) Make the journal entry required by the aging schedule for bad debt expense. Dj Show how First Data would report its accounts receivable on a comparative balance sheet for 2019 and 2020. Al December 31, 2019, the company's Accounts Receivable balance was $212,000 and the Allowance for Uncollectible Accounts stood at $4,200