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Oak Foods, Inc., experienced the following revenue and accounts receivable write-offs: Suppose Oak estimates that 4% of (gross) revenues will become uncollectible. Assume all revenues

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Oak Foods, Inc., experienced the following revenue and accounts receivable write-offs: Suppose Oak estimates that 4% of (gross) revenues will become uncollectible. Assume all revenues are on credit. (Click the icon to view the data.) Read the requirement. Begin by preparing the journal entry for service revenue for the month of March. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Requirement 1. Journalize service revenue (all on account), uncollectible accounts expense, and write-offs during March. Include explanations

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