Sales of $178,000 ($163,000 on account; $15,000 for cash). Ignore Cost of Goods Sold.
b.	Collections on account, $132,000.
c.	Write-offs of uncollectible receivables, $2,100.

Journalize

Windy'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

$178,000

($163,000

on account;

$15,000

for cash). Ignore Cost of Goods Sold. (Prepare a single compound journal entry.)

At

January

1,

2024,

Windy Mountain

Flagpoles had Accounts Receivable of

$32,000,

and Allowance for Bad Debts had a credit balance of

$3,000.

During the year,

Windy Mountain

Flagpoles recorded the following transactions for

January: