Bonita Company estimates uncollectible accounts using the allowance method at December 31.It prepared the following aging of receivables analysis. 
a.Estimate the balance of the Allowance for Doubtful Accounts using the aging of accounts receivable method.
b.Prepare the adjusting entry to record Bad Debts Expense using the estimate from part a.Assume the unadjusted balance in the Allowance for Doubtful Accounts is a $550 credit.
c.Prepare the adjusting entry to record Bad Debts Expense using the estimate from part a.Assume the unadjusted balance in the Allowance for Doubtful Accounts is a $300 debit.
Definitions:
Human Language
A complex system of communication unique to humans, allowing for the expression and understanding of thoughts, feelings, and concepts through spoken, written, or signed forms.
Common Chimpanzees
A species of great ape known for its intelligence and social behaviors, native to the forests and savannahs of Africa.
Transformational Grammar
A theory in linguistics that considers how deep structures of language are transformed into surface structures through grammatical rules.
Deep Structure
In linguistics, an underlying syntactical structure that can be represented in the surface structure in multiple ways.
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