Problem 8-3A (Part Level Submission) Presented below is an aging schedule for Halleran Company Number of Days Past Due Not Over 90 Customer Anders Total Yet Due 1-30 31-60 61-90 $ 22,000 $10,000 $12,000 Blake 40,000 57,000 34,000 $ 40,000 16,000 Coulson 6,000 $35,000 Deleon $34,000 Others 132,000 $285,000 96,000 16,000 14,000 6,000 $40,000 $152,000 $32,000 $26,000 $35,000 Estimated Percentage Uncollectible 3% 6% 13% 25% 50% Total Estimated Bad Debts $38,610 $4,560 $1,920 $3,380 $ 8,750 $20,000 At December 31, 2017, the unadjusted balance in Allowance for Doubtful Accounts is a credit of $12,000. (a) Journalize and post the adjusting entry for bad debts at December 31, 2017. (Credit account titles are automatically indented when amount is Date Account Titles Debit Credit Bad Debts Expense Date Explanation Ref. Debit Credit Balance Dec. 31 Adjusting Allowance for Doubtful Accounts Date Explanation Ref. Debit Credit Balance Dec. 31 Balance Dec. 31 Adjusting