Spring Garden Flowers had the following balances at December 31, 2016, before the year-end adjustments: B (Click the icon to view the balances and accounts receivable aging schedule.) Requirements 1. Journalize Spring's entry to record bad debts expense for 2016 using the aging-of-receivables method. 2. Prepare a T-account to compute the ending balance of Allowance for Bad Debts. Requirement 1. Journalize Spring's entry to record bad debts expense for 2016 using the aging-of-receivables method. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Date Accounts Debit Credit Dec. 31 Requirement 2. Prepare a T-account to compute the ending balance of Allowance for Bad Debts. Allowance for Bad Debts X 1 Data Table Accounts Receivable Allowance for Bad Debts 82,000 1,969 The aging of accounts receivable yields the following data: Age of Accounts Receivable 0-60 Days Over 60 Days Total Receivables Accounts Receivable $79,000 $3,000 $82,000 Estimated percent uncollectible x 2% x 18% Print Done Requirement 1. Journalize Spring's entry to record bad debts expense for 2016 using the aging-of-receivab table.) Date Accounts Debit Credit Dec. 31 Accounts Payable Accounts Receivable Allowance for Bad Debts Bad Debts Expense Requirement 2. Pre Cash Sales Revenue Allowance for Bad Debts. Dec. 31 Requirement 2. Pre Allowance for Bad Debts. Collected cash on account. Record sales for the year. Recorded bad debts expense for the period. Reinstated previously written off account. Wrote off uncollectible accounts