Accounts Receivable Category Amount Proportion Expected to Default 0-20 days $83,300 0.02 21-40 days 21,500 0.08 41-60 days 11,700 0.15 Over 60 days 5,300 $121,800 0.30 Cindy indicates that the $121,800 of accounts receivable identified in the table does not include $8,900 of receivables that should be written off. Required: 1. Journalize the $8,900 write-off. Allowance for Doubthil counts Accounts Receivable Record write-off of defaulted account 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 Record adjusting entry for bad debt expense estimate