P$8-3$A Journalize entries to record transactions related to bad debts $$ Presented below is an aging schedule for Bryan Company at December $31,2021.$ Number of Days Past Due Customer Total Not yet Due $1-3031-6061-90$ Over $90$ Aneesh $$$$24,000$ $$9,000$ $$15,000$

Bird $30,000$ $$30,000$

Cope $50,0005,0005,00040,000$

DeSpears $38,00038,000$ Others $120,00072,00035,00013,000$ $$262,000$ $$107,000$ $$49,000$ $$28,000$ $$40,000$ $$38,000$ Estimated

Percentage

Uncollectible $3\%7\%12\%24\%60\%$ Total

Estimated

Bad Debts $$$$42,400$$$3,210$ $$3,430$ $$3,360$ $$9,600$$$22,80$ At December $31,2021,$ 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 $31,2021.$

$($b$)$ Journalize and post to the allowance account these $2022$ selected events and transactions: $$

$(1)$ On March $1,$ a $$600$ customer balance originating in $2021$ is judged uncollectible. $$

$(2)$ On 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 on December $31,2022,$ assuming that the unadjusted balance in the Allowance for Doubtful Accounts is a debit of $$1,400$ and the aging schedule indicates that total estimated bad debts will be $$36,700.$

NOTE:$$ Enter a number in cells requesting a value; enter either a number or a formula in cells with a $"?".$