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More info - Sales on account, $450,000. Ignore Cost of Goods Sold. - Collections on account, $427,100 - Wrote off accounts receivable as uncollectible: Regan,

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More info - Sales on account, $450,000. Ignore Cost of Goods Sold. - Collections on account, $427,100 - Wrote off accounts receivable as uncollectible: Regan, Co., $1,400; Owen Reis, $800; and Patterson, Inc., $700. - Recorded bad debts expense based on the aging of accounts receivable, as follows: At September 30,2024 , the accounts of Green Terrace Medical Center (GTMC) include the following: During the last quarter of 2024, GTMC completed the following selected transactions: (Click the icon to viow the transactions.) Read the tequirements: 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 joumalizing the transactions. (Record debits first, then credits, Exclude explanations from joumal entries.) Sales on account, $450,000. Ignore Cost of Goods Sold Requirements 1. Journalize 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. 2. Show how Green Terrace Medical Center should report net accounts receivable on its December 31, 2024, balance sheet

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