Winfrey Designs had an unadjusted credit balance in its Allowance for Doubtful Accounts at December 31, 2023, of $2,150. Required: a. Prepare the adjusting entry assuming that Winfrey estimates uncollectible accounts based on an aging analysis as follows. December 31, 2023 Accounts Receivable $ 147,000 42,000 10,000 2,300 Age of Accounts Receivable. Not due (under 30 days) 1 to 30 days past due 31 to 60 days past due Over 60 days past due Expected Percentage Uncollectible 1% 4%* 10% 60% View transaction list View journal entry worksheet General Journal Debit Credit No Date 1 December 31, 2023 Bad debt expense Allowance for doubtful accounts X