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The Accounts Receivable balance for Wedge Commy at December 31, 2003. $24.000. During 2024. Wedge saved revenue of 5482.000 on account and collected $324.000 on

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The Accounts Receivable balance for Wedge Commy at December 31, 2003. $24.000. During 2024. Wedge saved revenue of 5482.000 on account and collected $324.000 on account. Wago wrote of 1.400 receivable uncollectie Industry experience suggests that colectible accounts will amount of receivable Read the require Requirement Assome Wedge had an unautes $2,500 credit balance in Alowance for Bus Datin at December 31, 2004. Juma Waager's December 31, 2024 adjustment to record bad det er using the percent of town method. Record dies, then credits Select the plantion on the taste of the joumal entry tale) Date Accounts and Explanation Debit Credit Dec 01 Requirements 1 Assume Wed had an unadjusted $2,500 credit balance in Allowance forlad Debts at December 31, 2024. Journal Wedges December 31, 2004 adment to record bad debts expense using the percent of receivable method Assume Wedge had an unadjusted $1,800 debt balance in Allowance for Bad Debts at December 31, 2024. Jumalize Wedges December 31, 2014 adjustment to record bad dents expense using the percent of celebs method 2. Print Done

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