Accounts Receivable Category Amount Proportion Expected to Default 0-20 days $96,000 0.02 21-40 days 21,500 0.08 41-60 days 11,700 0.15 Over 60 days 5,300 0.30 $134,500 Cindy indicates that the $134,500 of accounts receivable identified in the table does not include $8,900 of receivables that should be written off.

2. Determine the desired postadjustment balance in allowance for doubtful accounts, Round each aging category to the nearest dollar.

3. If the balance in allowance for doubtful accounts before the $8,900 write-off was a debit of $450, compute bad debt expense. Prepare the adjusting entry to record bad debt expense.

	Bad Debt Expense ?
	Allowance for Doubtful Accounts ?