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Don't show me this message again for the assignmentShow List of AccountsShow AnswerLink to TextYour answer is correct.Post to the allowance account these 2014 events.(Post entries in the order of journalentries posted in the previous part.)Allowance for Doubtful Accounts201312/31Bal.8,50012/3138,67812/31Bal.47,1782014Don't show me this message again for the assignmentres_EAT_1350493/1750res_EAT_1350495/1750
Show List of AccountsShow AnswerLink to TextYour answer is correct.Journalize the adjusting entry for bad debts at December 31, 2014, assuming that the unadjustedbalance in Allowance for Doubtful Accounts is a debit of $1,500 and the aging schedule indicatesthat total estimated bad debts will be $47,000.(Credit account titles are automaticallyindented when amount is entered. Do not indent manually.)Account Titles andExplanationDebitCreditBad Debt Expens48500Allowance for Dou48500