Problem 5-84A (Algorithmic) Ang Method Bad Debt Expense Cindy Bagnal, the manager of Cayce Printing Service, has provided you with the following aging schedule for Cayce's accounts receivable Proportion Expected to Default Amount 393.600 Accounts Receivable Category 0-10 days 21-40 days 41-60 days Over 6 days 0.02 0.08 21.500 11,700 5,300 0.15 0.30 5132,100 Cindy indicates that the $112,100 of accounts receivable identified in the table does not include 50.900 of receivables that should be written off Required: Homework Chapter 5 Carros 1. Journalize the 58.900 write-off 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. the balance in allowance for doubtful accounts before the $3,900 write-off was dabit of 3450, compute bad debe expense. Prepare the adjusting entry to record bed ceteran Record adjusting entry for bad debt expense estimate