During its first year of operations. Wintor Retreats eamed not credit salos of 5356,000 . Industiy experience suggosts that bed debts will amount po 15y of net credit salos. At Decerriber 31. 2024, accounts tecowable total 545,000 , The company uses the allowance method to occount for incollectibles Read the togsirements Requirement 1. Journalize Winter's Bad Debas Expense using the peroent of sales method. (Record debits firt, then credits, Select the explanabion on the last line of the journal antry table Requirement 2. Show how to report accounts receivable on the balance sheet at December 31,2024 , Requirements 1. Soumakzo Winter's Bad Debts Expense using the porcent-of:sales method 2. Show how to report accounts recekable on the balance shoet at December 31,2024