At September 30, 2024, the accounts of West Terrace Medical Center (WTMC) include the following Accounts...

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At September 30, 2024, the accounts of West Terrace Medical Center (WTMC) include the following Accounts Receivable $ 145,000 Allowance for Bad Debts (credit balance) 3,000 During the last quarter of 2024, WTMC completed the following selected transactions (Click the icon to view the transactions) Read the requirements Requirement 1. Open T-accounts for Accounts Receivable and Allowance for Bad Debts. Journalize the transactions (omit explanations) and post to the bro accounts Begin by journalizing the transactions (Record debits first, then credits. Exclude explanations from journal entries) Sales on account, $460,000. Ignore Cost of Goods Sold. Date 2024 Dec 31 Accounts and Explanation Collections on account, $391,200 Date 2024 Dec 31 Debit Credit Accounts and Explanation Debit Credit Wrote off accounts receivable as uncollectible. Raja Co., $1.000, Oscar Weiss, $1,300, and Parrot, Inc. $400 Date 2024 Dec. 31 Accounts and Explanation Debit Credit Recorded bad debts expense based on the aging of accounts receivable Date 2024 Dec 31 Accounts and Explanation Debit Credit Open T-accounts for Accounts Receivable and Alowance for Bad Debts Post the transactions to the two accounts Accounts Receivable. 1 At September 30, 2024, the accounts of West Terrace Medical Center (WTMC) include the following Accounts Receivable $ 145,000 Allowance for Bad Debts (credit balance) 3,000 During the last quarter of 2024, WTMC completed the following selected transactions (Click the icon to view the transactions) Read the requirements Requirement 1. Open T-accounts for Accounts Receivable and Allowance for Bad Debts. Journalize the transactions (omit explanations) and post to the bro accounts Begin by journalizing the transactions (Record debits first, then credits. Exclude explanations from journal entries) Sales on account, $460,000. Ignore Cost of Goods Sold. Date 2024 Dec 31 Accounts and Explanation Collections on account, $391,200 Date 2024 Dec 31 Debit Credit Accounts and Explanation Debit Credit Wrote off accounts receivable as uncollectible. Raja Co., $1.000, Oscar Weiss, $1,300, and Parrot, Inc. $400 Date 2024 Dec. 31 Accounts and Explanation Debit Credit Recorded bad debts expense based on the aging of accounts receivable Date 2024 Dec 31 Accounts and Explanation Debit Credit Open T-accounts for Accounts Receivable and Alowance for Bad Debts Post the transactions to the two accounts Accounts Receivable. 1