At January 1, 2024, Windy Mountain Flagpoles had Accounts Receivable of $26,000, and Allowance for Bad Debts had a credit balance of $3,000. During the year, Windy Mountain Flagpoles recorded the following transactions for January: A (Click the icon to view the transactions.) Read the requirements ... Requirement 1. Journalize Windy's transactions that occurred during January. 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 $181,000 ($158,000 on account: $23,000 for cash). Ignore Cost of Goods Sold. (Prepare a single compound journal entry.) Date Accounts and Explanation Debit Credit 2024 Jan. - X More info Requirements (b.) Collections on account, $132.000 a. Sales of $181,000 (5158,000 on account; $23,000 for cash). Ignore Cost of Goods Sold. b. Collections on account, $132,000. C. Write-offs of uncollectible receivables, $2,600. Date Accounts and Explanation Debit Credit 1. Journalize Windy's transactions that occurred during January. The company uses the allowance method. 2. Post Windy's transactions to the Accounts Receivable and Allowance for Bad Debts T-accounts 3. Journalize Windy's adjustment to record bad debts expense assuming Windy estimates bad debts as 11% of accounts receivable on January 31, 2024. Post the adjustment to the appropriate T-accounts. 4. Show how Windy Mountain Flagpoles will report net accounts receivable on its January 31, 2024, balance sheet. 2024 Jan Print Done Print Done (c.) Write-offs of uncollectible receivables, $2,600 Date Accounts and Explanation Debit Credit 2024 Jan. Requirement 2. Post Windy's transactions to the Accounts Receivable and Allowance for Bad 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