At September 30,2024, the accounts of During the last quarter of 2024, MTMC completed the At September 30, 2024, the accounts of Mountain Terrace Medical Center (MTMC) include the following: following selected transactions: (Click the icon to view the transactions.) Read the requirements. Requirement 1. Joumalize the transactions (omit explanations). The T-accounts for Accounts Receivable and Allowance for Bad Debts have been opened for you. Post the transactions to the two T-accounts. Begin by journalizing the transactions. (Record debits first, then credits. Exclude explanations from joumal entries.) Sales on account, $460,000. Ignore Cost of Goods Sold. Collections on account, $426,400 Wrote off accounts receivable as uncollectible: Rouge Co., $1,800; Orville Williams, $950; and Placid, Inc., $750. Recorded bad debts expense based on the aging of accounts receivable At September 30, 2024, the accounts of During the last quarter of 2024, MTMC completed the Mountain Terrace Medical Center (MTMC) include the following: following selected transactions: (Cick the icon to view the transactions.) Read the Recorded bad debts expense based on the aging of accounts receivable The T-accounts for Accounts Receivable and Allowance for Bad Debts have been opened for you. Enter the opening balances, post the transactions to the two T-accounts, and calculate the ending balances for each account. Use the appropriate posting references for all balances and transactions. Requirement 2. Show how Mountain Terrace Medical Center should report net accounts receivable on its December 31, 2024, balance sheet. More info - Sales on account, $460,000. Ignore Cost of Goods Sold. - Collections on account, $426,400 - Wrote off accounts receivable as uncollectible: Rouge Co., $1,800; Orville Williams, \$950; and Placid, Inc., $750. - Recorded bad debts expense based on the aging of accounts receivable, as follows