Points: 0 of 2 Save The Accounts Receivable balance for Southside Company at December 31, 2017, was $28,000. During 2018, Southside earned revenue of $462,000 on account and collected $329,000 on account. Southside wrote off $5,700 receivables as uncollectible. Industry experience suggests that uncollectible accounts will amount to 4% of accounts receivable. Read the tequirements Requirement 1. Assume Southside had an unadjusted $2,200 credit balance in Allowance for Bad Debts at December 31, 2018. Journalize Southside's December 31, 2018, adjustment to record bad debts expense using the percent-of-receivables method. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Date Dec. 31 Accounts and Explanation Debit Credit Help me solve this Demodocs example Get more help - Clear all Check answer