The accounts receivable balance for Highland Inc. at december 31st 2024 was $22,000. during 2024 Highland earned revenue of $455,000 on account and collected $331,000 on account. highland wrote off $6,300 receivable as uncollectable. industry experience suggests that uncollectible accounts will amount to 2% of accounts receivable.

i Requirements X h 1. 2 . Assume Highland had an unadjusted $2,300 credit balance in Allowance for Bad Debts at December 31, 2024. Journalize Highland's December 31, 2024, adjustment to record bad debts expense using the percent-of-receivables method. Assume Highland had an unadjusted $1,700 debit balance in Allowance for Bad Debts at December 31, 2024. Journalize Highland's December 31, 2024, adjustment to record bad debts expense using the percent-of-receivables method. Print Done Rent wordt blancos Dec 2014 at Highlands December 24 to record bad debts in the present de trentaine Deb at 10 Bus Deco 1 024 December 2006 octub that CA De