On August $31,2024,$ Blossom Floral Supply had a $$175,000$ debit balance in Accounts Receivable and a $$7,000$ credit balance in Allowance for Bad Debts. During September, Blossom made:

Sales on account, $$530,000.$ Ignore Cost of Goods Sold.

Collections on account, $$573,000.$

Write$-$offs of uncollectible receivables, $$9,000.$

Read the requirements.

Requirement $1.$ Journalize all September entries using the allowance method. Bad Debts Expense was estimated at $1\%$ of credit sales. Show all September activity in Accounts Receivable, Allowance for Bad Debts, and Bad Debts Expense $($post to these T$-$accounts$).$

Begin by journalizing all September entries using the allowance method. $($Record debits first, then credits. Select the explanation on the last line of the journal entry table.$)$

Sales on account, $$530,000.$ Ignore Cost of Goods Sold.