At January 1, 2024, Hilly Mountain Flagpoles had Accounts Receivable of $33,000, and Allowance for Bad Debts had a credit balance of $4,000. During the year. Hilly Mountain Flagpoles recorded the following transactions for January: (Click the icon to view the transactions.) Read the requirements. Requirement 3. Journalize Hilly's adjustment to record bad debts expense assuming Hilly estimates bad debts as % of accounts receivable of January 31, 2024. Post the adjustment to the appropriate T-accounts. (Record lebits first, then credits. Select the explanation on the last line of the joumal entry table.) irst journalize Hilly's adjustment to record bad debts expense. Post the adjustment to the appropriate T-accounts. First enter the beginning balance for the Bad Debt Expense account, then post the adjustment ty the appropriate T-accounts. (Enter a "0" on the normal side of the account for any zero balances.) At January 1, 2024, Hilly Mountain Flagpoles had Accounts Receivable of $33,000, and Allowance for Bad Debts had a credit balance of $4,000. During the year. Hilly Mountain Flagpoles recorded the following transactions for January: (Click the icon to view the transactions.) Read the requirements. Requirement 3. Journalize Hilly's adjustment to record bad debts expense assuming Hilly estimates bad debts as % of accounts receivable of January 31, 2024. Post the adjustment to the appropriate T-accounts. (Record lebits first, then credits. Select the explanation on the last line of the joumal entry table.) irst journalize Hilly's adjustment to record bad debts expense. Post the adjustment to the appropriate T-accounts. First enter the beginning balance for the Bad Debt Expense account, then post the adjustment ty the appropriate T-accounts. (Enter a "0" on the normal side of the account for any zero balances.)