The Accounts Receivable balance for Wedge Company December 31, 2023, was $27.000. During 2004 Wedon tamed revenue of 5461.000 on account and collected $331,000 on account Wedge wrote off 56,200 receivables as ble Industry experience suggests that incolectible con il mount to % of counts receivable Read the most Requirement 1. Asume Wedge had an unused $2,100 credit banca in Alowance for tad Debts at December 31, 2004. Journal Wedges December 31, 2024, adjustment to record bad debts expense using the percent ofrece method. Rond debts first, then credits Select the ention on the line of the journal entry table) Date Accounts and Explanation Debat Credit Dec 31 Requirement. Assume Wedge had an uradjusted 51.000 debit balance in Allowance for Bed Debts at December 31, 2024. Journal Wedge's December 31, 2004, adjustment to record bad debts expensessing the percent of recevabins method record debit fint. the elect the explanation on the last line of the jumal entry) Accounts and Explanation Debit Credit Dec 31 Requirements 1. Assume Wedge had an unadjusted $2.100 credit balance in Allowance for Bad Debts of December 31, 2024 Joumal Wedge's December 31, 2004 adult to record badebis expense using the percent of receivable method Asume Wedge had an unedusted $1,900 dobit balance in Allowance for Bad Debts at December 31, 2024. Journals Wedge's December 31, 2024 ument to record badebis expense ning the percent of receivable method 2 Choose from any fit or enterary number in the input folds and then continue to the next don. Print Done Next