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The Accounts Receivable balance for Southside Company December 31, 2019, was $27.000. During 2020. Southside med revenue of $452.000 on account and collected $1,000 on

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The Accounts Receivable balance for Southside Company December 31, 2019, was $27.000. During 2020. Southside med revenue of $452.000 on account and collected $1,000 on account Southe wrote of 55.000 receivables as uncollectible Industry experience suggests that uncollectible accounts we amount of counts receivable Recured Requirement 1. Assume Southside had und 12.000 credit balance in Allowance for Badets December 31, 2020 Joumar Shades December 31, 2020 send to record bad expensing the percent of receivables wethed Record de the credits Select the explanation on the last line of the journey tolle Accounts and Explanation Debit Credit Dec 31 Requirement 2. Assume Soutie had an adjusted 5100 debt balance in Allowance for Bad Debts at December 31, 2020 Jour Southside's December 31, 2020, and record bad dos expense using the percent oceables method Record debits firsttheres Select the explanation on the line of the journal y table Date Accounts and Explanation Crede Dec 31

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