Requirement 1. Joumaise Blue's transactions that occurred during 2016. The company as the slowance method. Record debate de Set explanation on the last line of the rural arteyati (a) Sales of $184,000 ($160.000 on account $24,000 for cash onore Cost of Goods Sold Pringle compound jums Date Accounts and Explanation Debit Credit 2018 () Collections on account, $132.000 Date Accounts and Explanation 2018 Debit Credit (c) Write-offs of uncolectible metables $2.200 Date Account and Explanation 2018 Det Cream Requirement 2. Post Blue's transactions to the Accounts Receivable and Allowance for Bad Debts-accounts Enter the beginning balances and the jumal ertries, and the compute the unadjusted balance of each account Accounts Receivable Allowance for Bed Dette Requirement 3. Jumalze Blue's adjustment to record bad debts expenserning Blue estimates bad debts ass of credits Post then the appropriate accounts. Recordabits first, the credits Select the enton on the last time of the uma entry) Fest journaline Bue's adjustment to record bad debis expense Date Account and Explanation Debat Credit 2018 Dec 31 Post the adjustment to the appropriate accounts Enter the adjusted balance computed in seguiment and the the beginning balance for the Bac Dett Experte account. Then post the usert and compete the December 31 usted balance of each account, Enters for any conosno Accounts Receivable Allowance for Bad Debes i Requirements 1. Journalize Blue's transactions that occurred during 2018. The company uses the allowance method. 2. Post Blue's transactions to the Accounts Receivable and Allowance for Bad Debts T-accounts. 3. Journalize Blue's adjustment to record bad debts expense assuming Blue estimates bad debts as 4% of credit sales. Post the adjustment to the appropriate T-accounts. 4. Show how Blue Mountain Flagpoles will report net accounts receivable on its December 31, 2018, balance sheet. Print Done i More Info a. Sales of $184,000 ($160,000 on account; $24,000 for cash). Ignore Cost of Goods Sold. b. Collections on account, $132,000. c. Write-offs of uncollectible receivables, $2,200. Print Done