The Accounts Receivable balance for , Inc. at December 31, , was . During , earned revenue of on account and collected on account. wrote off receivables as uncollectible. Industry experience suggests that uncollectible accounts will amount to % of accounts receivable. Read the requirementsLOADING.... Question content area bottom Part 1 Requirement 1. Assume had an unadjusted credit balance in Allowance for Bad Debts at 31, . Journalize 's 31, , 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.)