At the beginning of 2021, Brad's Heating & Air (BHA) has a balance of $25,800 in accounts receivable. Because BHA is a privately owned company, the company has used only the direct write-off method to account for uncollectible accounts. However, at the end of 2021, BHA wishes to obtain a loan at the local bank, which requires the preparation of proper financial statements. This means that BHA now will need to use the allowance method. The following transactions occur during 2021 and 2022. 1. During 2021, install air conditioning systems on account, $188,000. 2. During 2021, collect $183,000 from customers on account. 3. At the end of 2021, estimate that uncollectible accounts total 10% of ending accounts receivable. 4. In 2022, customers' accounts totaling $7,800 are written off as uncollectible. Required: 1. Record each transaction using the allowance method. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list View journal entry worksheet No 1 Transaction Accounts Receivable Service Revenue General Journal Debit 188,000 Credit 188,000 Required information Journal entry worksheet < 1 2 During 2021, install air conditioning systems on account, $188,000. Transaction 1 3 Note: Enter debits before credits. Record entry General Journal Clear entry Debit Credit View general Journal >