During its first year of operations, Destination Relaxation eamed revenue of $600,000 on account. Industry experience suggests that Destination Relaxation's uncollectible accounts will amount to 1 percent of revenues. On December 31, 2018, accounts receivable totaled $158,486. The company uses the allowance method to account for uncollectibles. Journalize Destination Relaxation's Bad debt expense using the percent-of-sales method. Show how Destination Relaxation should report Accounts receivable on its balance sheet on December 31, 2018 Journalize Destination Relaxation's Bad debt expense using the percent-of-sales method (Record debits first, then credits. Exclude explanations from any journal entries.) Journal Entry Acounts Date Debit Credit Dec 31 Show how Destination Relaxation should report Accounts receivable on its balance sheet on December 31, 2018 During its first year of operations, Destination Relaxation earned revenue of $600,000 on account. Industry experience suggests that Destination Relaxation's uncollectible accounts will amount to 1 percent of revenues. On December 31, 2018, accounts receivable totaled $158,486. The company uses the allowance method to account for uncollectibles Journalize Destination Relaxation's Bad debt expense using the percent-of-sales method. Show how Destination Relaxation should report Accounts receivable on its balance sheet on December 31, 2018 Dec JT Show how Destination Relaxation should export Accounts receivable on its balance sheet on December 31, 2018 Balance Sheet (Partial): Less