The Accounts Receivable balance for Gold Company at December 31, 2023, was $29,000. During 2024 , Gold earned revenue of $461,000 on account and collected $322,000 on account. Gold wrote off $6,300 receivables as uncollectible. Industry experience suggests that uncollectible accounts will amount to 6% of accounts receivable. Read the requirements. Requirement 1. Assume Gold had an unadjusted \$2,100 credit balance in Allowance for Bad Debts at December 31, 2024. Journalize Gold's December 31, 2024, adjustment to record bad debts expense using the percent-of-receivables method. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Requirement 2. Assume Gold had an unadjusted \$1,900 debit balance in Allowance for Bad Debts at December 31, 2024. Journalize Gold's December 31, 2024, adjustment to record bad debts expense using the percent-of-receivables method. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Requirements 1. Assume Gold had an unadjusted $2,100 credit balance in Allowance for Bad Debts at December 31, 2024. Journalize Gold's December 31, 2024, adjustment to record bad debts expense using the percent-of-receivables method. 2. Assume Gold had an unadjusted $1,900 debit balance in Allowance for Bad Debts at December 31, 2024. Journalize Gold's December 31, 2024, adjustment to record bad debts expense using the percent-of-receivables method