Worldwide Marble Importers had the following balances at December 31, 2024, before the year-end adjustments: B (Click the icon to view the balances.) The aging of accounts receivable yields the following data: B (Click the icon to view the accounts receivable aging schedule.) Requirements 1. Journalize Worldwide's entry to record bad debts expense for 2024 using the aging-of-receivables method. 2. Prepare a T-account to compute the ending balance of Allowance for Bad Debts. Requirement 1. Journalize Worldwide's entry to record bad debis expense for 2024 using the aging-of-receivables method. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Date Accounts Debit Credit Dec. 31 Bad Debts Expense Allowance for Bad Debts - X Data Table Recorded bad debts expense for the period. Accounts Receivable 68,000 Allowance for Bad Debts 1,920 Data Table Print Done 0-60 Days 66,000 Age of Accounts Receivable Over 60 Days Total Receivables $ 2,000 $ 68,000 S Accounts Receivable Estimated percent uncollectible x 3% x 23% Print Done