At January 1, 2018 Winding Mountain Flagpoles had Accounts Receivable of $33,000,and Allowance for Bad Debts had a credit balance o.$4,000.

During the year, Winding Mountain Flagpoles recorded the following:

a.	Sales of $186,000 ($162,000 on account;$24,000 for cash). Ignore Cost of Goods Sold.
b.	Collections on account,$126,000.
c.	Write-offs of uncollectible receivables, $2,000

Requirement 1. Journalize Winding's transactions that occurred during 2018.

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 $186,000 ($162,000 on account; $24,000 for cash). Ignore Cost of Goods Sold. (Prepare a single compound journal entry.)