ignore the work shown, show the correct answer and steps please

ACME Distribution, Inc. December 31, 2016 Adjusting Entries Continued The company has esthma ted, based on historical itrmation, that 4s % or es account. be collected. Therefore, they provide an allowance for bad debts at that level 4) wilf utimately not Caloulate the appropriate amount for the allowance at December 31, 2018. Accounts receivable balance per the unadjusted trial balance x .outS 10 Estimated allowance amount (Round answer to the nearest dolar and show your calculation below for full credit) 778 Amount of adjustment needed to the allowance account (Show your calculation below to receive full credit). 1908 Complete below the adjusting joumal entry necessary for the allowance for bad debts Account Post the above entry to the trial balance in the adjustment columns. ACME Distribution, Inc. December 31, 2016 Adjusting Entries Continued The company has esthma ted, based on historical itrmation, that 4s % or es account. be collected. Therefore, they provide an allowance for bad debts at that level 4) wilf utimately not Caloulate the appropriate amount for the allowance at December 31, 2018. Accounts receivable balance per the unadjusted trial balance x .outS 10 Estimated allowance amount (Round answer to the nearest dolar and show your calculation below for full credit) 778 Amount of adjustment needed to the allowance account (Show your calculation below to receive full credit). 1908 Complete below the adjusting joumal entry necessary for the allowance for bad debts Account Post the above entry to the trial balance in the adjustment columns