Sales revenue for $2023$ was $$451,000,$ including credit sales of $$434,000.$ Cash collections on account were $$431,000$ during the year.

The aging of accounts receivable yields these data.

$($Click the icon to view the data.$)$

You are the accountant preparing the December $31,2023,$ year$-$end entries.

Required

Requirement $1.$ Journalize Winding's $($a$)$ credit sales, $($b$)$ cash collections on account, $($c$)$ write$-$off of the accounts receivable identified as uncollectible, and $($d$)$ bad debt expense based on $0\mathrm{.}5$ percent of credit sales.

Start by entering the journal entry for the credit sales recorded in $2023.($Record debits first, then credits. Exclude explanations from journal entries.$)$

Data

$\backslash$table$[[,$Age of Accounts$],[,0-30,31-60,61-90,$Over $90,$Total$],[,$Days,Days,Days,Days,Receivables$],[$Amount of receivable,$$44,000,$$$7,200,$$$7,100,$$$5,300,$$$63,600$