Read the adjustmant to record bad debes expense using the percent-of recoivabless method. (Recoed debits first, then ceedits Select the explanation on thin iant line of tha poamaf enthy table.) Requirement 2. Assume Southside had an unadjusted S2,000 debit bolance in Allowance for Bad Debts at December 31; 2024. Joumaize Southede's Documber 31, 2024; adjustment to record bad debls expense using the percent-of-recelvables method. (Recoed debits first, then credits. Select the explanation on the last line of the fournal eniry $329,000 on account. Southside wrote of $6,300 recelvables as uncollectible. Industry experience suggests that uncollectible accounts will Barount th 3% of accounis Read tho foguinemonts Requirement 2. Assume Southside had an unadjusted $2,000 debit balance in Allowance for Bad Debts at December 31, 2024: Joumalize Southide's Decembr adjustment to record bad debts expense using the percent-of-receivables method. (Record debits first, then credits. Select the explanation on the last Une of the I tabiai