Ad Moda Question Hello The Accounts Receivable basse for Clark Company at December 31, 2023 was $25,000. During 2004. Clark med revenue of $452.000 on account and collected $330.000 on scot Clux wrote of 4.700 receive score Industry experience suggests rancolectible accounts wil amount to 6% of accounts receivable Read the remonts Requirements Requirement 1. Assume Clark has an unofused $2,400 credit balance in Allowance for liad Debts at December method Record debita fint, then credits Select the colon on the last of the nur antyte) coceles Date Acounts and Explanation Debit Credit Assume Ciad an unused 2.400 bredt balance in Actor Bad Dec 31 had Debts Expono December 31, 2004. Joumali C's December 2004, wman to record bed descensusing the percent of receivable method Alowance for a Debes 0,138 Assume Cardin adjusted $2,300 debt balance in Alowance for Badiote December 31, 2024. Joummer December 31, 2024, and so cord bad debtspense using the percent of cevable method Done of recentes Recorded at det expo for the period Requirement 2. Ansune Clare has an adjusted 12.300 debt be in lowance for Bad Dates at Decembar IL metod. Record bis first, then credits Select the explanation on the of the jumalate Date Accounts and planation DI Credit Dec 31 Bad Dot Expert 10930 Aow.coor Bad Oettes de balls to