Worldwide Marble Importers had the following balances at December 31, 2018, before the year-end adjustments Click the icon to view the balances and accounts receivable aging schedule.) Requirements 1. Journalize Worldwide's entry to record bad debts expense for 2018 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 debts expense for 2018 using the aging of receivables method. (Record debts frst, then credits. Select the explanation on the last line of the journal entry table.) Date Accounts Debit Credit Dec Requirement 2. Prepare a T-account to compute the ending balance of Allowance for Bad Debts Allowance for Bad Debts Data Table Accounts Receivable Allowance for Bad Debts 76,000 1,174 The aging of accounts receivable yields the following data: Age of Accounts Receivable 0-60 Days Over 60 Days Total Receivables Accounts Receivable 72,000 $ 4,000 $ 76,000 Estimated percent uncollectible x 20% x 1%