Show All Work! Points Will Be Deducted For Failure To Show All Work! 1. LeRoy Company has the following aging of accounts schedule on 12/31/20. The allowance for doubtful accounts BEFORE ADJUSTMENT has a CREDIT balance of $1.400. 90+ Total % Bad Accts Rec. Current 1-30 31-60 61-90 88,000 50,000 20,000 10,000 5,000 0.01 0.06 0.24 0.35 3,000 0.60 Total Allowance 7,650 500 1,200 2,400 1,750 1,800 REQUIRED: A. Prepare the journal entry to record bad debts expense using the aging of accounts method. B. Record the entry to write off an account for $3,000. C. See Part B. Calculate the balance in net accounts receivable after the write off