At January 1, 2004, Hop Flagpoles had Accounts Receivable of $28,000, and Allowance for Bad Debts had a credit balance of $3,000. During the year, Hop Flagpoles recorded the following transactions for January (Click the icon to view the transactions) Read the rarements Requirement t. Journal Hitop's transactions that occured during January. The company uses the alowance method (Racont de f, then the nation on the last (a) Sales of $105,000 ($104,000 on account $21,000 for cash) ignore Cost of Goods Sold (Prepare a single compound jouma entry) Date 2034 Jan Cash Accounts and Explanation Accounts Receivable Sales Revenue Record sales for the year (b) Collections on account, $135.000 Credit 21,000 164.000 185,000 journal entry table)