Problem 8-3A (Part Level Submission) Presented below is an aging schedule for Concord Corporation. Number of Days Past Due Over 1-30 31-60 61-90 90 $11,200 $13,700 Customer Anders Blake Coulson Deleon Others Not Total Yet Due $ 24,900 38,600 $ 38,600 58,500 16,800 33,300 131,200 97,100 $286,500 $152,500 5,800 $35,900 $33,300 15,200 13,300 5,600 $32,200 $27,000 $35,900 $38,900 3% 5% 12% 27% 43% Estimated Percentage Uncollectible Total Estimated Bad Debts $ 35,845 $ 4,575 $ 1,610 $3,240 $ 9,693 $16,727 At December 31, 2019, the unadjusted balance in Allowance for Doubtful Accounts is a credit of $13,000. Journalize the adjusting entry for bad debts at December 31, 2019. (Credit account titles are automatically Indented when amount is entered. Do not Indent manually.) Account Titles Debit Credit Date > Dec. 31, 2020 Allowance for Doubtful Accounts 1000 Accounts Receivable 1000 Accounts Recelvable Post the adjusting entry for bad debts at December 31, 2019. Bad Debt Expense Allowance for Doubtful Accounts