Score: 0 of 1 pt 3 of 6 (2 complete) HW Score E8-19 (similar to) Al January 1, 2018, Blue Mountain Flagpoles had Accounts Receivable of 534,000, and Allowance for Bed Debts had a credit balance of $3,000. During the year, Blue Mountain Flagpoles recorded the follow (Click the loon to view the transactions) Read the requirements Requirement. Jumale Blue's transactions that occurred during 2016. The company uses the allowance method. (Record debe the credits Select the explanation on the last line of the journal entry) (a) Sales of $176,000 (5160,000 on account, $17,000 for cash ignore Cost of Goods Sold Prepare a single compound jumale) Date Accounts and Explanation Debit Credit 2018 Requirements. Joumaline Blue's adjustment to record bad debts expense wauming Blue estimate bol dost of accounts receivable Pout the dustment to the propriate accounts (ecorder explanation on the last line of the journal entry table) First journal Blue adjustment to record bad debits per Date Accounts and Explanation De Cred 2018 Dec 31