$($Click the icon to view the aging schedule.$)$ Read the requirements. Requirement $1.$ Journalize the year$-$end adjusting entry for bad debts on the basis of the aging schedule. Show the T$-$account for the Allowance for Bad Debts at December $31,2024.$ Begin by determining the target balance of Allowance for Bad Debts by using the age of each account. $[[,$Age of Accounts$],[,,1-30,,31-60,61-90,$Over $90,$Total$],[,,$Days,,Days,Days,Days,Balance$],[$Accounts Receivable, $,65,000,,50,000,40,000,45,000,],[$Estimated percent uncollectible,, $,0\mathrm{.}4\%,,3\mathrm{.}0\%,5\mathrm{.}0\%,48\mathrm{.}0\%,]]$ Data table $[[,$Age of Accounts$],[,,$Days,$31-60$ Days, $61-90$ Days,Over $90$ Days$],[$Accounts Receivable, $,65,000,50,000,40,000,45,000],[$Estimated percent uncollectible,, $0\mathrm{.}4\%,3\mathrm{.}0\%,5\mathrm{.}0\%,48\mathrm{.}0\%$