The Accounts Receivable balance for Southside Company at December 31, 2023, was $25.000. During 2024, Southside eamed revenue of 5466,000 on account and collected $325,000 on account, Southside wrote off56.400 receivable as uncollectible, Industry experience suggests that uncollectible accounts wil amount to % of accounts receivable Read the moviments Requirement 1. Assume Southside had an unted $2.100 credit balance in Allowance for Bed Debts at December 31, 2004. Journatre Southoldes December 31, 2004, adjustment to record bad det opende using the percent-of-receivable method. Recond debits first, then croits Select the exploration on the lastne of the journal entry table) Accounts and Explanation Credit Dec 31 Bad Debts Expense Allowance for Bad Debte Date Debit Recorded bad debts epise for the period Help me solve this Etext pages Get more help Clear all Check