The Accounts Receivable balance for Gold, Inc. at December 31, 2017, was $27,000 During 2018, Gold eamed revenue of $459,000 on account and collected $330,000 on account. Gold wrote off $6,200 receivables as uncollectible. Industry experience suggests that uncollectible accounts will amount to 2% of accounts receivable Read the requirements Requirement 1. Assume Gold had an unadjusted $2,200 credit balance in Allowance for Bad Debts at December 31, 2018. Journalize Gold's December 31, 2018, 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.) Date. Dec. 31 Accounts and Explanation Help me solve this Demodocs example Get more hel Debit Credit Requirements 1. 2. Assume Gold had an unadjusted $2.200 credit balance in Allowance for Bad Debts at December 31, 2018. Journalize Gold's December 31, 2018. adjustment to record bad debts expense using the percent-of-receivables method Assume Gold had an unadjusted $1,400 debit balance in Allowance for Bad Debts at December 31, 2016. Journalize Gold's December 31, 2018, adjustment to record bad debts expense using the percent-of-receivables method