The Accounts Receivable balance for Southside Company at December 31, 2017, was $30,000. During 2018, Southside earned revenue of $462,000 on account and collected $327,000 on account. Southside wrote off $6,400 receivables as uncollectible, Industry experience suggests that uncollectible accounts will amount to 4% of accounts receivable. Read the requirements Requirement 1. Assume Southside had an unadjusted $2,100 credit balance in Allowance for Bad Debts at December 31, 2018. Journalize Southside'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 Debit Credit Dec 31 Accounts and Explanation Bad Debts Expense Allowance for Bad Debts Requirement 2. Assume Southside had an unadjusted $1,700 debit balance in Allowance for Bad Debts at December 31, 2018. Journalize Southside'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 joumal entry table) Date Accounts and Explanation Debit Credit Dec. 31 Swill amount to 4% of accounts receivable Southside had an unadjusted $2,100 credit balance in Allowance for Bad Debts at December 31, 2 , 2018, adjustment to record bad debts expense using the percent-of-receivables method. (Record ation on the last line of the journal entry table.) Accounts and Explanation Debit Credit i Requirements - x 1. Assume Southside had an unadjusted $2,100 credit balance in Allowance for Bad Debts at December 31, 2018. Journalize Southside's December 31, 2018, adjustment to record bad debts expense using the percent-of-receivables method. Assume Southside had an unadjusted $1,700 debit balance in Allowance for Bad Debts at December 31, 2018. Journalize Southside's December 31, 2018, adjustment to record bad debts expense using the percent-of-receivables method. 2. 201 dd Print Done