The Accounts Receivable bilance for Clark, Inc. at December 31, 2017, was $25,000. During 2018, Clark med revenue of $461.000 on account and collected $323,000 on account Clark wrote off $6,100 receive uncollectie Industry expence suggests that uncollectible accounts will amount to 4% of accounts receivable Read the requirements Requirement 1. Assume Clark had an unadjusted $2.100 credit balance in Allowance for Bad Debts at December 31, 2018 Joumalize Clark'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 Accounts and Explanation Dec. 31 Bad Debts Expense Alowance for Bad Debts Recorded bad debts expense for the period Deb Credit Requirements 1. Assume Clark had an unadjusted $2,100 credit balance in Allowance for Bad Debts at December 31, 2018. Journalize Clark's December 31, 2018, adjustment to record bad debts expense using the percent-of-riable method 2. Assume Clark had an unadjusted $1,500 dibit balance in Allowance for Bad Det at December 31, 2018. Joumalize Clark's December 31, 2016 a to record bad debes expense using the percent-of-ceivables method. Print Done