The Accounts Receivable balance for Lakeside, Inc. at December 31, 2017 was $25.000 During 2018. Lakeside earned revenue of 5455.000 on account and collected $329,000 on account Lakeside woteot 56.200 receivables as uncollectible Industry experience suggests that uncollectible account will amount to 6% of accounts receivable. Read the requirements Requirement 1. Assume Lakeside had an unadjusted $2,000 credit balance in Allowance for Bad Debts at December 31, 2018 Journaize Lakeside's December 31, 2016. adjustment to record bad debts expense using the percent-of-receivables method Record debts the credits Select a explanation on the last line of the journal entry table) Date Accounts and Explanation Debit Credit Requirements - X Dec 31 Bad Debts Lxpense Allowance for Bad Debts 1. Assume Lakeside had an unadjusted $2,600 credit balance in Allowance for Bad Debts at December 31, 2018. Journalize Lakeside's December 31, 2018, adjustment to record bad debts expense using the percent of receivables method Recorded bad debts expense for the period 2. Assume Lakeside had an unausted 51.500 debt balance in Alowance for Bed Debts at December 31, 2018 Journaize Lakeside's December 31, 2018 adjustment to record bad debts expense using the percent of receivables method Print Done Choose from any list of enter any number in the input fields and then click Check Answer 1 pa Clear All Check Answer remaining