1. The Accounts Receivable balance and Allowance for Bad Debts for Signature Lamp Company at December 31, 2023, were $10,800 and $2,000 (credit balance), respectively. During 2024, Signature Lamp Company completed the following transactions:
   1. a. Sales revenue on account, $273,400 (ignore Cost of Goods Sold).
   2. b. Collections on account, $223,000.
   3. c. Write-offs of uncollectibles, $5,900.
   4. d. Bad debts expense of $5,200 was recorded.
2. Requirements
   1. 1. Journalize Signature Lamp Companys transactions for 2024 assuming Signature Lamp Company uses the allowance method.
   2. 2. Post the transactions to the Accounts Receivable, Allowance for Bad Debts, and Bad Debts Expense T-accounts, and determine the ending balance of each account.
   3. 3. Show how accounts receivable would be reported on the balance sheet at December 31, 2024.