Aead tw moductrerte Requirement 1. Journalize Whippersnapper's Bed Debts Expense using the percent-of-sales method. (Record debits lirst, then cres iss ses tabloi) Why it frat yoar of operations, Whippersnapper Fun Room eamed net credit sales of $383,000. Industry experience suggests that bad debts will ancou 11. 2his, acoounts rocelvable total $45,000. The company uses the allowance method to account for uncolloctibles. Requirements Whiquirement 1. Josime credits. Select the evplin 1. Joumalize Whippersnappers Bad Debts Expense using the percent-of-sales method. 2. Show how to report acoounts receivable on the balance sheet at December 31,2024