View Policies Current Attempt in Progress Presented below is an aging schedule for Wildhorse Co. at December 31, 2021. Number of Days Past Due Customer Total Not Yet Due 1-30 31-60 61-90 Over 90 Aneesh $24,800 $9,000 $15.800 Bird 28.000 $28,000 Cope 47,800 5,400 5,300 DeSpears 40.300 $37,100 $40,300 Others 109,700 65,400 31.700 12,600 $250,600 $98,800 $46,000 $28,400 $37,100 $40,300 Estimated percentage 3% 6% 11% 25% 66% uncollectible Total estimated bad debts $44.721 $2.964 $2.760 $3.124 $9.275 $26,598 At December 31, 2021, the unadjusted balance in Allowance for Doubtful Accounts is a credit of $7,600. Journalize the adjusting entry for bad debts at December 31, 2021. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation eTextbook and Media List of Accounts Debit Credit Doubtful Accounts is a credit of $7,600. Journalize the adjusting entry for bad debts at December 31, 2021. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation eTextbook and Media List of Accounts Debit Credit Post the adjusting entry for bad debts at December 31, 2021. Bad Debts Expense Allowance for Doubtful Accounts eTextbook and Media List of Accounts Journalize the 2022 transactions: (Credit account titles are automatically indented when amount is entered. Do not indent manually.) 1 2 March 1, a $660 customer balance originating in 2021 is judged uncollectible. May 1, a check for $660 is received from the customer whose account was written off as uncollectible on March 1. No. Date Account Titles and Explanation 1 (To reinstate account previously written off) eTextbook and Media List of Accounts Debit Post to the allowance account these 2022 events. (Post entries in the order of journal entries posted in the previous part.) Allowance for Doubtful Accounts 2021 2022 eTextbook and Media List of Accounts 12/31 Bal 7.600 12/31 37.121 12/31 Bal 44,721 Post to the allowance account these 2022 events. (Post entries in the order of journal entries posted in the previous part.) 2021 2022 eTextbook and Media List of Accounts Allowance for Doubtful Accounts 12/31 Bal 7,600 12/31 37,121 12/31 Bal 44,721 Journalize the adjusting entry for bad debts at December 31, 2022, assuming that the unadjusted balance in Allowance for Doubtful Accounts is a debit of $1,400 and the aging schedule indicates that total estimated bad debts will be $39,900. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit eTextbook and Media List of Accounts