Question (7 marks T/I) each question in the space provided 1. Jasmine's Precious Gems had a $800 credit balance in Allowance for Doubtful Accounts at December 31, 2021, before the current year's provision for uncollectible accounts. An aging of the accounts receivable revealed the following: Age of accounts Accounts Receivable Estimated Percentage Uncollectible 1% Estimated Uncollectible Accounts Current Accounts 0-30 days past due 31-60 days past due 61-90 days past due Over 90 days past due Total Accounts Receivable $130,000 17.000 12.000 11.000 6,000 7% 10% 35% $176.000 Instructions (a) Prepare the appropriate aging schedule (fill in the table above). Note: You don't need to show your work. [1 mark) FOR THE FOLLOWING QUESTIONS, IF THERE IS ANY MATH - PLEASE SHOW IT IN THE JOURNAL ENTRY (on the next page) (6) Prepare the adjusting entry on December 31, 2021. to recognize bad debts expense. (2 marks (c) Assume the same facts as above except that the Allowance for Doubtful Accounts account had a $300 debit balance before the current year's provision for uncollectible accounts. Prepare the adjusting entry for the current year's provision for uncollectible accounts. 12 marks) (a) Assume that the company has a policy of providing for bad debts at the rate of 1.5% of sales. that soles for 2021 were $750,000, and that Allowance for Doubtful Accounts had a $1.400 debit balance before adjustment. Prepare the adjusting entry for the current year's provision for bad debts. (2 marks)