The Accounts Receivable balance for Southside, Inc. at December 31, 2017, was $29,000 During 2018, Southside earned revenue of $455,000 on account and collected $329,000 on account Southside wrote off $5,400 receivables as uncollectible Industry experience suggests that uncollectible accounts will amount to 3% of accounts receivable Read the tequirements Date Accounts and Explanation Debit Credit Doc 31 Bad Debts Expense 2,288 Allowance for Bad Debts 2.200 Recorded bad debts expense for the period Requirement 2. Assume Southside had an unadjusted $1,700 debit balance in Allowance for Bad Debts at December 31, 2018 Journalze 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 Dec 31 Accounts and Explanation Debit Credit