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The Accounts Receivable balance for Lantana Inc at December 31, 2017 was $30.000 During 2018. Lantana carmed revenue of 5460 000 on account and collected

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The Accounts Receivable balance for Lantana Inc at December 31, 2017 was $30.000 During 2018. Lantana carmed revenue of 5460 000 on account and collected $321.000 on account. Lantara wote of 86, 100 receivables as uncollectible Industry experience suggests that uncollectible accounts will amount to 2% of accounts receivable Read the resultants Requirement 1. Assume Lartano had an unadjusted 82.000 credit balance in Allowance for Bad Debts at December 31 2018. Journaize Lantana's December 31, 2018, adjustment to record bad debts expense uskeng the percent of recevable method (Record debits first, then cred Select the explanation on the last line of the journal entry table) Date Accounts and Explanation Credit Dec 31 Requirement 2. Assume Lantana had an adjusted $1.600 debt balance in Alowance for Bad Debts at December 2010. Journal Lantinas December 31 2018 adjustment to record bad debts expense using the percent of recevable method (Records Southern Credits Select the explanation on the line of the journal entry table) Date Accounts and Exploration Debut Credit The Accounts Receivable balance for Lantana Inco December 31, 2017 was $30.000. During 2018. Lantana carmed revenue of 5460,000 on account and collected $321000 on account Lantana wote of 86, 100 receivables as uncollectible Industry experience suggests that uncollectible accounts will amount to 2% of accounts receivable Read the resulcements Requirement 2. Assume Lantana had an unadjusted S1600 detit balance in Atowance for Blad Debts at December 31, 2018 Journakze Lantuna's December 31, 2016. adjustment to record bad debts expanse using the percent of receivable method. Record debts the cred Select the explanation on the last line of the Jumalandry table) Date Accounts and explanation Dell Credit Dec 31

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