At January 1, 2018, Windy Mountain Flagpoles had Accounts Receivable of $32,000, and Allowance for Bad Debts had a credit balance of $4,000. During the year, Flagpoles recorded the following:

Requirement 2. Post Windy's transactions to the Accounts Receivable and Alcwanse for Bed Debts T-accounts. Enter the beginning balances and the journal entries, and then compute the unadjusted balance of each account. Accounts Receivable Allowance for Bad Debts Requirement 3. Joumaize Windy's adjustment to record tac debts expense assuming Vindy estimates bad debts as 10% of socounts receivable. Post the acjustment to the appropriate accounts. Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Firsl journalice Windy's edustriell record badebis experise DADA Accounts and Explanation Dabi 2019 Dec. 31 Credit Post the adjustment to the appropriate accounts. Enter the unsdjusted balances corpuled in requirment 2 and the the begirming balance for the Bad Debt. Experke account. The post the aduenient and compute the December 31 aduste bakrice of each part. Enter a "O' on the rormal side of the account for any zero balances Accounts Receivable Allowance for Bad Debia Bad Debts Expense Requirement 4. Show how Windy Mountain Flagpoles wil report net ascounts receivable on its December 21, 2019, balance sheet Balance Sheet (Partial): Curace Accounts Receivable Allowance for ad Debts Requirement 3. Journalize Wirdy's adjustment to record Lac dels experimeasuring Vindy estivales od debiz a 10% of accounts reivable. Pust the adjustment to the appropriate T-accounts Record debils first, then credits. Select the explanation on the last line of the journal entry table.) First jumalize Wind's adushant to record had delvis expense Date Accounts and Explanation Debit Credit 2010 Dec. 21 Post the adjustment to the appropriale Teccourts Enter the unadjusted balances computed In requirment and the the beginning balance for the Bad Dcbt Exporse account. Then post the adjustment and compute the December 21 ad usted balance of each account. (Enter a "' on the normal side of the account for any zero balances. Accounts Receivable Allowance for Bad Debts Bad Debts Expense Requirement 4. Show how Windy Mountan Flagpoles wil repart not accounts receivable on its December 21, 2019, balance sheet. Balance Sheet (Partial): Current AR X More Info a. Sales of $172,000 ($156,000 on account; $16,000 for cash). Ignore Cost of Goods Sold. b. Collections on account, $125,000. c. Write-offs of uncollectible receivables, $2,200. Print Done