Presented below is an aging schedule for Sage Hill Inc. at December 31, 2021.

Customer		Total		Not Yet Due		Number of Days Past Due
						130		3160		6190		Over 90
Aneesh		$ 25,300				$ 9,900		$15,400
Bird		30,300		$ 30,300
Cope		48,600		4,600		4,800				$39,200
DeSpears		40,300										$40,300
Others		125,800		75,000		36,600		14,200
		$270,300		$109,900		$51,300		$29,600		$39,200		$40,300
Estimated percentage uncollectible				3%		7%		13%		22%		64%
Total estimated bad debts		$ 45,152		$ 3,297		$3,591		$3,848		$ 8,624		$25,792

At December 31, 2021, the unadjusted balance in Allowance for Doubtful Accounts is a credit of $8,000.

Post the adjusting entry for bad debts at December 31, 2021 Bad Debts Expense Allowance for Doubtful Accounts e Textbook and Media List of Accounts Journalize the 2022 transactions: (Credit account titles are automatically indented when amount is entered. Do not indent manually 1. March 1, a $570 customer balance originating in 2021 is judged uncollectible 2. May 1, a check for $570 is received from the customer whose account was written off as uncollectible on March 1 No. Date Account Titles and Explanation Debit Credit Allowance for Doubtful Account Account Rece MO7 Account Receivable Allowance for Doubtful Accounts To reinstate account previously written off ACUR e Textbook and Media List of Accounts