please look at the question there is the requirements...thank you.

EF9-20 (similar to) Question Help At January 1, 2024, White Top Flagpoles had Accounts Receivable of $27,000, and Allowance for Bad Debts had a credit balance of $3,000. During the year, White Top Flagpoles recorded the following transactions for January: i (Click the icon to view the transactions.) Read the requirements. Requirement 1. Journalize White's transactions that occurred during January. The company uses the allowance method. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) (a.) Sales of $173,000 ($156,000 on account; $17,000 for cash). Ignore Cost of Goods Sold. (Prepare a single compound journal entry.) orre Date Accounts and Explanation Debit Credit 2024 i Requirements X Jan. Journalize White's transactions that occurred during January. The i More Info company uses the allowance method. Post White's transactions to the Accounts Receivable and Allowance for Bad Debts T-accounts. Journalize White's adjustment to record bad debts expense assuming a. Sales of $173,000 ($156,000 on account; $17,000 for cash). White estimates bad debts as 14% of accounts receivable on January Ignore Cost of Goods Sold. 31, 2024. Post the adjustment to the appropriate T-accounts. b. Collections on account, $129,000. Show how White Top Flagpoles will report net accounts receivable on c. Write-offs of uncollectible receivables, $2,500. its January 31, 2024, balance sheet. Print Done Print Done Cho CO parts remaining Clear All Check