green pastures equipment company uses the aging approach to estimate bad debt expense at the end of each accounting year

Required:
1. Prepare an aging analysis schedule and complete it.
2. Compute the estimated uncollectible amount for each age category and in total.
3. Prepare the adjusting entry for bad debt expense at December 31, 2014.
4. Show how the amounts related to trade receivables should be presented on the statement of earnings for 2014 and the statement of financial position at December 31, 2014.