Presented below is an aging schedule for Gille Company

At December 31, 2011, the unadjusted balance in Allowance for Doubtful Accounts is a credit of $8,000.Instructions(a) Journalize and post the adjusting entry for bad debts at December 31, 2011. (Use T accounts.)(b) Journalize and post to the allowance account these 2012 events and transactions:1. March 1, a $600 customer balance originating in 2011 is judged uncollectible.2. May 1, a check for $600 is received from the customer whose account was written off as uncollectible on March 1.(c) Journalize the adjusting entry for bad debts at December 31, 2012, 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$36,700.

Number of Days Past Due Not Yet Total 1-30 61-90 Customer Due 31-60 $ 9,000 $15,000 Over 90 $ 24,000 30,000 $ 30,000 5,000 Aneesh Bird $40,000 Cope DeSpears Others 50,000 5,000 $38,000 38,000 120,000 72,000 35,000 13,000 $262,000 $107,000 $49,000 $28,000 $40,000 $38,000 Estimated percentage uncollectible 12% 3% 24% 60% Total estimated $ 42,400 $ 3,210 $ 3,430 | $ 3,360 $ 9,600 $22,800 bad debts