Problem 5-85A Determining Bad Debt Expense Using the Aging Method At the beginning of the year, Tennyson Auto Parts had an accounts receivable balance of $31,800 and a balance of $2.980 (credio). During the year, Tennyson had credit sales of vable in the amount of s602,700, wrote off $18,600 of accounts receivable, in the allowance for doubtful accounts 624,300, collected accounts recei and had the following data for accounts receivable at the end of the period PropurtinnEspet to Defaul ccomntS Recen a lle mount 211.4(11) Current 1.0 1 08 115 0 30 90 days past du Over 90 days past e 600 100 Required: 2. Determine the balance in allowance for doubtful accounts before the bad debt expense adjusting entry is posted 3. 4. Compute bad debt expense. 5. Prepare the adjusting entry to record bad debt expense. ) Detemine the desired post-adjustment balance in allovance for doubtiul accounts Problem 5-85A Determining Bad Debt Expense Using the Aging Method At the beginning of the year, Tennyson Auto Parts had an accounts receivable balance of $31,800 and a balance of $2.980 (credio). During the year, Tennyson had credit sales of vable in the amount of s602,700, wrote off $18,600 of accounts receivable, in the allowance for doubtful accounts 624,300, collected accounts recei and had the following data for accounts receivable at the end of the period PropurtinnEspet to Defaul ccomntS Recen a lle mount 211.4(11) Current 1.0 1 08 115 0 30 90 days past du Over 90 days past e 600 100 Required: 2. Determine the balance in allowance for doubtful accounts before the bad debt expense adjusting entry is posted 3. 4. Compute bad debt expense. 5. Prepare the adjusting entry to record bad debt expense. ) Detemine the desired post-adjustment balance in allovance for doubtiul accounts