Try another version of this question On Sore Feet Work Boots had the following balances at December 31, 2020, before the year-end adjustments: The aging of accounts receivable yields the following data: Journalize On Sore Feet Work Boots entry to record bad debts expense for 2020 using the aging-of-receivables method. Prepare a T account to compute the ending balance of Allowance for Bad Debts. Debit Credit 76,600 Double line76,600 Double line Debit Credit 970 Double line Double line970 0-60 days Over 60 days Total Receivables Accounts Receivable $72,000 $4,600 $76,600 Estimated % uncollectible 2 % 24 % Estimated total uncollectible Date Description Debit Credit December 31 December 31 Debit Credit Double line Double line 0-60 days Over 60 days Total Receivables Accounts Receivable $72,000 $4,600 $76,600 Estimated % uncollectible 2 % 24 % Estimated total uncollectible 1440 1104 2544 Date Description Debit Credit December 31 Bad Debt Expense 1,574 December 31 Allowance for Bad Debt 1,574 Debit Credit 970 1,574 Double line Double line2,544