More Info a. Sales of $182,000 ($160,000 on account; $22,000 for cash). Ignore Cost of Goods Sold. b. Collections on account, $127,000. c. Write-offs of uncollectible receivables, $2,800. Drint Dana At January 1, 2024, White Top Flagpoles had Accounts Receivable of $27,000, and Allowance for Bad Debts had a credit balance of $4,000. During the year, White Top Flagpoles recorded the following transactions for January (Click the icon to view the transactions.) Read the requirements. ---- Recorded bad debts expense for the period Post the adjustment to the appropriate T-accounts. First enter the beginning balance for the Bad Debt Expense account, then post the adjustment to the appropriate T-accounts. (Enter a "0" on the normal side of the account for any zero balances.) Allowance for Bad Debts Jan. 1, 2024 Bal. Accounts Receivable 27,000 127,000 Collections 160,000 2,800 Write-offs Write-offs 2,800 4,000 Jan 1, 2024 Bal. Net credit sales Unadj. Bal 57,200 1,200 Unadj. Bal. Bad Debts Expense X More Info Jan. 1, 2024 Bal. a. Sales of $182,000 ($160,000 on account; $22,000 for cash)