At January 1, 2016, Winding Mountain Flagpoles had Accounts Receivable of $27,000, and Allowance for Bad Debts had a credit balance of $3,000. During the year, Winding Mountain Flagpoles recorded the following: Requirement 1. Journalize Winding's transactions that occurred during 2016. The company uses the allowance method (Record debits first then credits. Select the explanation on the last line of the journal entry table.) (a.) Sales of $189,000 ($165,00 on account; $42,000 for cash.) Ignore Cost of Goods Sold. (Prepare a single compound journal entry.)