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Was S010 400. Paid the amount owed to ABC Company. Check No 187 QUESTION 11 25 points The schedule of aging accounts for a company,

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Was S010 400. Paid the amount owed to ABC Company. Check No 187 QUESTION 11 25 points The schedule of aging accounts for a company, at the end of the year 2020, appears below Accounts Receivable Estimate of Bad Dants Current $20,000 TX 1-30 days overdue 5,000 5% 31-60 days overdue 4,000 10% More than 60 days overdue 2.500 20% Total The allowance was estimated by using the schedule of ageing accounts. The allowance account had a debit balance of 5100, before the estimatest made Required: Prepare the adjusting entry to record bad debts expense for 2020 (SHOW YOUR CALCULATIONS) For the toolbar, press ALT-F10 (PC) or ALTEN.F10 Mac BI 15 Paragraph 10pt TE I. XOQ; F2 tu >

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